Nike stock jumped 18% after Q4 beat and positive outlook, signaling a turnaround
From Financial Modeling Prep: 2025-06-27 16:41:00
Nike’s stock soared 18% after beating Q4 sales estimates of $11.10 billion, with EPS at $0.14. North American sales fell 11%, less than expected. CEO’s positive outlook and plans to shift production to the U.S. boosted investor confidence. Q1 revenue is expected to decline by mid-single digits, signaling a turnaround.
Read more at Financial Modeling Prep:: Nike Jumps 18% After Q4 Beat and Signs Turnaround …