Research suggests Nike's Frankfurt shares rose about 9% after their recent results, boosting Adidas and Puma shares.
It seems likely the positive earnings and production strategy changes lifted the sportswear sector.
The evidence leans toward increased investor confidence, though exact rises for Adidas and Puma vary slightly.
Nike's Share Performance
Nike's Frankfurt shares, listed as NKE, saw a significant rise following their quarterly earnings announcement on June 26, 2025. The company reported a smaller-than-expected drop in first-quarter revenue and plans to reduce reliance on Chinese production, mitigating tariff impacts. This led to a share price increase, reported at around 9% in early trading, reflecting market approval.
Impact on Adidas and Puma
The positive news from Nike also lifted shares of competitors Adidas (ADS.DE) and Puma (PUM.DE). Adidas saw a rise of about 3.77%, and Puma increased by approximately 4.52%, as investors showed confidence in the broader sportswear sector.
Market Context
This movement highlights investor optimism, driven by Nike's strategic adjustments and the sector's resilience amid geopolitical trade tensions. The rises, while varying, indicate a positive spillover effect within the industry.
This section provides a detailed examination of Nike's Frankfurt shares rising by approximately 9% following their recent results, and how this positively affected Adidas and Puma, as observed on June 27, 2025. The analysis is grounded in recent market data, news reports, and stock price movements, aiming to offer a thorough understanding for readers interested in the sportswear industry and market dynamics.
On June 26, 2025, Nike Inc. announced its quarterly earnings, forecasting a smaller-than-expected drop in first-quarter revenue and detailing plans to cut reliance on production in China for the U.S. market to mitigate the impact from tariffs. This news was reported in a Reuters article published at 00:33 PDT on June 27, 2025, titled "Nike Frankfurt shares rise 9% after results; lifts Adidas, Puma"
. The article noted that Nike's shares rose 9.2% in Frankfurt on Friday, a day after the announcement, boosting European sportswear brands like Puma, up 4.5%, and Adidas, up 3%.
Given the current time is 01:59 AM PDT on June 27, 2025, this aligns with the trading day in Frankfurt, which is UTC+2, meaning at 01:59 AM PDT, it's around 10:59 AM in Frankfurt, during active trading hours.
Nike's Frankfurt shares, listed with the ticker NKE, experienced a significant rise following the earnings announcement. To verify this, data from Yahoo Finance for NKE.DE (Nike's Frankfurt listing) showed a current price of 58.43, with a previous close of 52.84, indicating a rise of (58.43 - 52.84) / 52.84 ≈ 0.1058, or 10.58%. This is slightly higher than the 9.2% reported in the news, possibly due to intraday fluctuations or timing differences, as the news was published earlier at 00:33 PDT, and the market continued to move.
The earnings date listed on Yahoo Finance for NKE.DE is June 26, 2025, matching the timing of the announcement. The day's range was 58.30 - 58.96, with a volume of 52,111, higher than the average volume of 29,461, indicating increased trading activity likely driven by the results .
The market cap was listed at 87.367B, likely in euros, reflecting Nike's global valuation, and the PE ratio (TTM) was 31.58, with an EPS (TTM) of 1.85, supporting the positive market reaction.
The positive news from Nike also lifted shares of competitors Adidas and Puma, as noted in the Reuters article. For Adidas (ADS.DE), data from Yahoo Finance showed a current price of 199.45, with a previous close of 192.20, a rise of (199.45 - 192.20) / 192.20 ≈ 0.0377, or 3.77%. The open was 196.50, with a day's range of 196.10 - 200.40, and a volume of 133,723, lower than the average volume of 544,292, but still significant
For Puma (PUM.DE), using data from Yahoo Finance, the current price was 23.11, with a previous close of 22.11, a rise of (23.11 - 22.11) / 22.11 ≈ 0.0452, or 4.52%. The open was 22.89, with a day's range of 22.77 - 23.41, and a volume of 694,505, lower than the average volume of 1,203,871, but indicative of active trading .
These rises, while less than Nike's, align with the news report's mention of Puma up 4.5% and Adidas up 3%, suggesting a positive spillover effect within the sportswear sector, driven by Nike's strong performance.
Nike's announcement included a forecast of a smaller-than-expected revenue drop and plans to diversify production away from China, mitigating tariff impacts. This strategic move likely reassured investors about Nike's resilience amid geopolitical trade tensions, as noted in the Reuters article. The sportswear industry, being interconnected, saw Adidas and Puma benefit from this optimism, as their shares also rose, reflecting sector-wide confidence.
The market reaction is further supported by the increased volume for Nike and the positive movements in Adidas and Puma, despite their lower percentage gains. This indicates that investors viewed Nike's results as a positive signal for the entire sector, potentially due to shared market dynamics, such as consumer demand for sportswear and the impact of tariffs on production costs.
To organize the information, the following table summarizes the stock performance for Nike, Adidas, and Puma on June 27, 2025:
Company | Ticker | Previous Close | Current Price | Rise (%) | Volume | Avg. Volume |
---|---|---|---|---|---|---|
Nike | NKE.DE | 52.84 | 58.43 | 10.58 | 52,111 | 29,461 |
Adidas | ADS.DE | 192.20 | 199.45 | 3.77 | 133,723 | 544,292 |
Puma | PUM.DE | 22.11 | 23.11 | 4.52 | 694,505 | 1,203,871 |
Note: The rise percentage for Nike (10.58%) may differ from the reported 9.2% due to intraday fluctuations, but the trend is consistent with the news.
Research suggests that Nike's Frankfurt shares rose by approximately 9% following their quarterly results on June 26, 2025, driven by a better-than-expected revenue forecast and production strategy changes. This positive development lifted Adidas and Puma shares, with rises of about 3.77% and 4.52%, respectively, reflecting increased investor confidence in the sportswear sector. The evidence leans toward a sector-wide positive reaction, though exact percentages may vary due to timing and market movements, highlighting the interconnected nature of the industry amid geopolitical trade dynamics.