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Nike earnings top expectations. Why stock is down.

Nike earnings top expectations. Why the stock is down.

Although the company topped earnings and revenue expectations, the stock ticked lower in after-hours trading Thursday, reflecting investors’ disappointment over declining profits and lackluster sales in China.

· 1h · on MSN

Nike's Turnaround Is 'Going to Take Time.' Meanwhile, The Stock Is Sliding.

MySuncoast.com on MSN · 9m

Stock market shows Friday gains as Nike reports mixed earnings

Nike, China

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· 7h · on MSN

Nike stock plunges 10% due to $1.5B hit from tariffs, weak China sales

Nike stock plunged nearly 10% after the sneaker giant reported sliding profits due to an anticipated $1.5 billion hit from tariffs as well as a slowdown in China.

· 9h · on MSN

Nike shares drop 10% as China sales plunge, tariffs hit profits

· 22h

Nike shares slump as China struggles continue

5hon MSN

Shares of Nike ( NKE 9.68%) were heading lower today after the sportswear giant beat estimates in its fiscal second-quarter earnings report, but offered disappointing guidance, saying that revenue ...

5hon MSN

Nike's Profits Topped Estimates. Here's Why the Stock Is Tumbling Anyway

Nike shares sank Friday, despite quarterly profits that topped analysts' estimates, as a weaker-than-expected outlook and headwinds in China weighed on sentiment.