Nike Under Federal Investigation Over Alleged Discrimination Against White Employees - Alpha Spread

/

Share

Nike is being investigated by the Equal Employment Opportunity Commission (EEOC), a federal agency that enforces workplace discrimination laws.

The EEOC is looking into claims that Nike's diversity, equity, and inclusion (DEI) policies may have resulted in unfair treatment of white employees.

The investigation includes a review of Nike's DEI-related objectives and targets to determine if they contributed to a pattern of discrimination.

Nike has been asked to provide information about its employment practices as part of the federal probe.

The EEOC is a U.S. government agency that investigates complaints about job discrimination.

Nike is being investigated because of allegations that its diversity policies may have led to discrimination against white employees.

If the EEOC finds evidence of discrimination, Nike may be required to change its policies or face penalties.

No, an investigation does not mean guilt. It means the agency is examining the allegations further.

WSJ

The Equal Employment Opportunity Commission is investigating allegations that Nike's diversity, equity and inclusion objectives resulted in “a pattern or practice of disparate treatment against white employees.”

Forbes

The Equal Employment Opportunity Commission said Wednesday it opened an investigation into Nike over allegations its diversity, equity and inclusion policies created a “pattern or practice of disparate treatment against white employees.”

The Guardian

EEOC demands firm turn over ‘DEI-related objectives' amid Trump administration's crackdown on diversity initiatives

Reuters

The U.S. agency that enforces laws banning workplace discrimination said in a court filing on Wednesday it is investigating Nike for allegedly discriminating against white people through its diversity policies.

Business Insider

Nike is facing a federal probe into allegations that it discriminated against white workers. The EEOC said Wednesday that it is investigating Nike's employment practices, including its DEI targets.

New York Post

Equal Employment Opportunity Commission says company refused to comply with subpoenas seeking employee data and mentoring program rosters.

WSJ

The Equal Employment Opportunity Commission is investigating allegations that Nike's diversity, equity and inclusion objectives resulted in “a pattern or practice of disparate treatment against white employees.”

Show All Sources

Price

63.05

Intrinsic Value

Open

Corporate Moves

Nike will lay off 775 employees, mainly at its distribution centers in Tennessee and Mississippi. This move represents about 1% of the company's total workforce. The company is making these cuts as it increases the use of automation at its U.S.-base...

Stock Movements

Nike shares climbed about 2% in premarket trading on Wednesday after Tim Cook, Apple CEO and a Nike board member, bought nearly $3 million worth of Nike stock. According to regulatory filings, Tim Cook purchased 50,000 shares of Nike at an average p...

Nike is set to announce its fiscal second-quarter earnings results after the market closes on Thursday, December 18. The company's performance will be closely watched as investors look for signs of progress in its turnaround strategy under CEO Elliot...

Nike reported better-than-expected earnings for the first quarter of fiscal 2026, leading to a quick 6% rise in its share price. Despite this improvement, Nike’s stock remains down over 40% compared to five years ago. The company is working on a tur...

Nike reported its financial results for the first quarter of fiscal 2026, showing sales and earnings that were higher than analysts expected. The company's revenue reached $11.7 billion, which is a 1% increase compared to the same quarter last year....

Nike is scheduled to announce its financial results for the fiscal first quarter on Tuesday, September 30, 2025. Analysts expect the company to report earnings of 26 cents per share and $10.99 billion in revenue. This would mark a 63% drop in earning...

Nike reported its fiscal fourth quarter results, showing that while sales and profits declined, the numbers were not as poor as many analysts had expected. The company posted a 12% drop in revenue to $11.1 billion for the quarter ending May 31, 2025,...

Nike released its financial results for the fourth quarter after markets closed on June 26, 2025. The company reported earnings of $0.14 per share, which was higher than analysts' forecast of $0.12 per share. However, this is a significant drop from...

Corporate Moves

Nike will lay off 775 employees, mainly at its distribution centers in Tennessee and Mississippi. This move represents about 1% of the company's total workforce. The company is making these cuts as it increases the use of automation at its U.S.-base...

Stock Movements

Nike shares climbed about 2% in premarket trading on Wednesday after Tim Cook, Apple CEO and a Nike board member, bought nearly $3 million worth of Nike stock. According to regulatory filings, Tim Cook purchased 50,000 shares of Nike at an average p...

Nike is set to announce its fiscal second-quarter earnings results after the market closes on Thursday, December 18. The company's performance will be closely watched as investors look for signs of progress in its turnaround strategy under CEO Elliot...

Nike reported better-than-expected earnings for the first quarter of fiscal 2026, leading to a quick 6% rise in its share price. Despite this improvement, Nike’s stock remains down over 40% compared to five years ago. The company is working on a tur...

Nike reported its financial results for the first quarter of fiscal 2026, showing sales and earnings that were higher than analysts expected. The company's revenue reached $11.7 billion, which is a 1% increase compared to the same quarter last year....

Nike is scheduled to announce its financial results for the fiscal first quarter on Tuesday, September 30, 2025. Analysts expect the company to report earnings of 26 cents per share and $10.99 billion in revenue. This would mark a 63% drop in earning...

Nike reported its fiscal fourth quarter results, showing that while sales and profits declined, the numbers were not as poor as many analysts had expected. The company posted a 12% drop in revenue to $11.1 billion for the quarter ending May 31, 2025,...

Nike released its financial results for the fourth quarter after markets closed on June 26, 2025. The company reported earnings of $0.14 per share, which was higher than analysts' forecast of $0.12 per share. However, this is a significant drop from...

Other News

Kathy Ruemmler, the top lawyer at Goldman Sachs, will resign following the release of documents showing her close relationship with Jeffrey Epstein. The documents, made public by the U.S. Department o...

AST SpaceMobile, a company building a space-based cellular broadband network, has announced it is raising $1 billion through a private offering of convertible senior notes due in 2036. This means the...

CarMax has announced that Keith Barr, former chief executive of IHG Hotels & Resorts, will become the company's new President and CEO. Barr is set to officially take the role on March 16, 2026, and wi...

Amazon Pharmacy announced it will expand its same-day delivery service for prescription medications to nearly 4,500 cities and towns in the United States by the end of the year. This move will add alm...

Hims & Hers Health, an online telehealth company, has announced that it will start offering a compounded version of the popular Wegovy weight loss pill for $49 per month. This price is about $100 less...

Amazon has made its AI-powered digital assistant, Alexa+, available to all users in the United States. Previously, Alexa+ was in an early access phase, requiring consumers to join a waitlist or purcha...

Moderna announced that the U.S. Food and Drug Administration (FDA) has refused to review its application for an experimental flu shot, known as mRNA-1010. The FDA issued a Refusal-to-File (RTF) letter...

The European Union (EU) has charged Meta Platforms, the owner of WhatsApp, with breaking antitrust rules by blocking rival artificial intelligence (AI) assistants from its messaging app WhatsApp. The...

Hims & Hers has decided to stop offering its compounded semaglutide weight-loss pill. This decision came after the U.S. Food and Drug Administration (FDA) said it would take action against the company...

DraftKings shares dropped over 12% after the company reported its fourth-quarter 2025 earnings and provided a cautious revenue outlook for 2026. The company's revenue for the quarter was $1.99 billion...

Enbridge Inc. announced record financial results for 2025, with full-year earnings reaching $7.1 billion, or $3.23 per share. This is an increase compared to 2024, when the company reported earnings o...

Twilio, a software company that helps businesses engage with customers, announced its financial results for the fourth quarter and full year of 2025. The company reported revenue and earnings that wer...

Palantir Technologies has seen its stock price drop by more than 25% after a period of significant gains, even as the company reported strong financial results. The latest quarter showed revenue risin...

Shares of steel and aluminum companies dropped after news reports indicated that President Donald Trump may be considering reducing tariffs on imported metals. Companies like Nucor, Cleveland-Cliffs,...

Stocks of trucking, logistics, and real estate service companies fell this week after the launch of a new artificial intelligence (AI) freight management tool by Algorhythm Holdings. Investors are wo...

FedEx has shared its growth plans at its 2026 Investor Day, aiming to strengthen its leadership as a key player in the global shipping industry. The company announced a strategy that focuses on growin...

Retail sales in the United States did not grow in December, according to the latest report from the Census Bureau. Sales were unchanged from the previous month, following a 0.6% increase in November....

The ADP National Employment Report showed that private sector employment in the United States grew by 22,000 jobs in January 2026. This was lower than many analysts had expected, with forecasts antici...

Nvidia's stock rose about 1.5% to $191.84 on Wednesday, outperforming the broader market. This increase follows an analyst upgrade, which highlighted continued optimism about Nvidia's performance in a...

Oracle shares have recently faced a significant decline, dropping over 13% in the past five trading days. The downturn was driven by worries about the company's large investments in artificial intelli...

Microsoft's stock has recently faced pressure after receiving a downgrade from Stifel, which cited increasing competition in artificial intelligence from companies like Google and Anthropic. The downg...

U.S.-based asset manager Nuveen has agreed to buy the British investment firm Schroders for approximately £9.9 billion (about $13.5 billion), according to announcements from both companies. The acquis...

Paramount has revised its $30 per share, all-cash offer for Warner Bros. Discovery (WBD) by adding new incentives for WBD shareholders. The new terms include a $0.25 per share 'ticking fee,' which wil...

Transocean has agreed to acquire its competitor Valaris in an all-stock transaction valued at approximately $5.8 billion. The combined company will become the world's largest and most advanced offshor...

Once Upon a Farm, an organic children's food company co-founded by actress Jennifer Garner, has successfully gone public in the United States. The company raised nearly $198 million in its initial pub...

Bob's Discount Furniture has raised $330.7 million through its initial public offering (IPO) in the United States. The company's shares were priced at $17 each. In total, 19,450,000 shares were offere...

EquipmentShare.com Inc, a leading provider of equipment rentals and construction technology, has completed its initial public offering (IPO). The company offered 30,500,000 shares of its Class A commo...

Back to Top

Join more than 317,800+ value investors using Alpha Spread

Create Free Account

or see our plans & pricing

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

What is Intrinsic Value? Help Center Contact Us

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2026 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.