Nike shares slides 8.5% on weak revenue outlook
Nike (NYSE:NKE) shares fell 8.5% to $32.15 premarket after the sportswear company forecast a high-single-digit fiscal 2027 revenue decline following first-quarter sales of $11.21 billion.
Nike (NYSE:NKE) shares fell 8.5% to $32.15 premarket after the sportswear company forecast a high-single-digit fiscal 2027 revenue decline following first-quarter sales of $11.21 billion.
Manchester United (NYSE:MANU) reported record fiscal 2026 revenue of £677.6 million for the year ended June 30, 2026, while returning to operating profit.
Super League (NASDAQ:SLE) reported Q2 gross revenue of approximately $3 million, while net revenue rose 16% sequentially to $1.24 million.
Madison Square Garden Sports (NYSE:MSGS) reported fiscal 2026 revenue of $1.15 billion, up $114.6 million or 11% year over year, as higher in-arena revenue and media rights income supported results.
Manchester United (NYSE:MANU) reported on Wednesday a net profit of $5.6 million (£4.2 million) for its fiscal second quarter ended December 31, 2025, a significant turnaround from the $34.7 million loss recorded in the same period last year.
Madison Square Garden Sports (NYSE:MSGS) exceeded revenue expectations for its fiscal second quarter on Thursday, as fans flocked to "The World’s Most Famous Arena" for a packed schedule of New York Knicks and New York Rangers home games.
Coinbase is using NBA rookie storytelling to position crypto within youth culture and mainstream sports media.
A Massachusetts court has blocked Kalshi from offering sports betting to residents amid legal action by the state.
Day one delivered chaos and star power, with Aussie wildcard Talia Gibson’s upset, a historic triple-tiebreak epic, and Carlos Alcaraz opening his campaign toward a potential Career Grand Slam.
The NCAA is pressing US regulators to suspend college sports prediction markets until stronger athlete protections are enforced.
Maxim Naumov has earned an Olympic place for the US, honouring his parents who died in a Washington DC plane crash.
Tennessee has moved to block prediction market platforms from offering sports contracts to residents.
Got a second for a cookie? 🍪Essential cookies keep Grafa running smoothly. A few optional ones help us see what's working so we can make it better. You're in control — change your mind any time. Cookie policy · Privacy policy