Nike Sinks After China Sales Plunge, Delaying Turnaround [Yahoo! Finance Canada]
Piper Sandler Companies (PIPR)
Last piper sandler companies earnings: 5/1 08:04 am
Check Earnings Report
Company Research
Source: Yahoo! Finance Canada
Most Read from Bloomberg While Nike is making progress, especially in North America and the running category, investors are eager for the company to make headway in other areas of the business that are lagging. Converse sales plunged 30% in the latest quarter, while Greater China was down 17%. Chief Executive Officer Elliott Hill characterized the company's rebound as “in the middle innings.” The shares fell as much as 11% on Friday in New York, the biggest intraday decline since April. The stock had dropped 13% so far this year through Thursday's close and is headed for its fourth consecutive annual decline. Shares of European rivals Adidas AG and Puma SE also dropped on the news, falling as much as 2.9% and 3.5% respectively on Friday. After the earnings report, several analysts cut their price targets on Nike. That included Piper Sandler's Anna Andreeva who said the turnaround is making progress, but it's slower than expected with recovery in China taking more time. On t
Show less
Read more
Impact Snapshot
Event Time:
PIPR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PIPR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PIPR alerts
High impacting Piper Sandler Companies news events
Weekly update
A roundup of the hottest topics
PIPR
News
- Altimmune, Inc. (ALT) Discusses Topline 48-Week Results From IMPACT Phase IIb Trial of Pemvidutide in MASH Transcript [Seeking Alpha]Seeking Alpha
- Nike Sinks After China Sales Plunge, Delaying Turnaround Effort [Yahoo! Finance]Yahoo! Finance
- MB Bancorp Inc. Completes $45 Million Subordinated Notes Offering [Yahoo! Finance]Yahoo! Finance
- Andreeva: Nike's turnaround isn't linear, especially in a hypercompetitive market [CNBC]CNBC
- How Shifting Wall Street Expectations Are Reshaping The Story Behind UDR's Valuation [Yahoo! Finance]Yahoo! Finance
PIPR
Earnings
- 10/31/25 - Beat
PIPR
Sec Filings
- 12/15/25 - Form 4
- 12/15/25 - Form 4
- 12/15/25 - Form 4
- PIPR's page on the SEC website