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Nike stock soars 16% as the CEO says its big turnaround 'can only go up from here'

The stock rally comes despite Nike reporting its worst sales drop in five years. But that beat Wall Street’s estimate for an even steeper decline

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Nike's turnaround is starting to work, thanks to sports
Nike's turnaround is starting to work, thanks to sports

<img class="type:primaryImage" src="https://i.kinja-img.com/image/upload/c_fit,q_80,w_636/3f970a3a785926e950e8d1fe6495f0f0.jpg"/><p>Nike’s (<a class="sc-1out3 [...]

Match Score: 95.85

ExpressVPN review 2025: Fast speeds and a low learning curve
ExpressVPN review 2025: Fast speeds and a low learning curve

<p><a href="https://www.engadget.com/vpn-review-expressvpn-2023-gaming-streaming-160052492.html" data-autolinker-wiki-id="ExpressVPN" data-original-link="">Ex [...]

Match Score: 77.77

qz
Nike just took its worst earnings hit yet from its big turnaround plan

Elliott Hill, a long-time Nike executive who returned to the company as CEO late last year, said Nike's results “are not where we want them to be” [...]

Match Score: 65.69

Nike and Hyperice to release the Hyperboot warm-up footwear for athletes on May 17
Nike and Hyperice to release the Hyperboot warm-up footwear for athletes on

<p>Nike has teamed up with Hyperice, a company that specializes in products meant for muscle recovery and relaxation in athletes, to launch the Hyperboot. Originally introduced in the summer of [...]

Match Score: 60.54

NordVPN Review 2025: Innovative features, a few missteps
NordVPN Review 2025: Innovative features, a few missteps

<p>When we say that NordVPN is a good VPN that's not quite great, it's important to put that in perspective. Building a good VPN is hard, as evidenced by all the shovelware VPNs flooding the mar [...]

Match Score: 60.24

Engadget Podcast: iPhone 16e review and Amazon's AI-powered Alexa+
Engadget Podcast: iPhone 16e review and Amazon's AI-powered Alexa+

<p>The keyword for the <a data-i13n="cpos:1;pos:1" href="https://www.engadget.com/mobile/smartphones/iphone-16e-review-whats-your-acceptable-compromise-020016288.html"> [...]

Match Score: 55.34

Nike stock is rising amid a sea of red. Here's why
Nike stock is rising amid a sea of red. Here's why

<img class="type:primaryImage" src="https://i.kinja-img.com/image/upload/c_fit,q_80,w_636/b8e43f6705586d6ae6b0d943a9ac626c.jpg"/><p>Nike’s stock climbed 4.5% on Frida [...]

Match Score: 52.17

Nintendo Switch 2 has officially launched, here's everything you need to know
Nintendo Switch 2 has officially launched, here's everything you need to kn

<p>After years of leaks and months of teasers, the Nintendo Switch 2 is finally here. We&#39;ve long known what the Switch 2 will look like, and when it&#39;ll arrive. We&#39;ve told [...]

Match Score: 50.25

How to buy the Nintendo Switch 2: Stock updates for the new console and accessories
How to buy the Nintendo Switch 2: Stock updates for the new console and acc

<p>You can finally buy the <a data-i13n="cpos:1;pos:1" href="https://www.engadget.com/gaming/nintendo/">Nintendo Switch 2</a> in the US — or at least, try to bu [...]

Match Score: 49.68