Nike, the implied move right now a little larger than 8% by the end of the week. That's slightly less than the eight quarter average of more than 10%. Today it traded more than double its average daily options volumes and calls outpaced puts by more than 2 to1.And the trade that really stuck out was a 1x3 call spread. Somebody bought 4,000 of the October 75 calls, paid about $132 a contract for those, and then sold 12,000 of the 87.5% calls against it. net net, they only laid out about $250,000 in premium, ...

Summary of Key Points Core Viewpoint - Nike is experiencing significant trading activity, with an implied move of slightly larger than 8% expected by the end of the week, which is below the eight-quarter average of over 10% [1] Trading Activity - The trading volume for Nike has more than doubled its average daily options volumes, with calls outpacing puts by more than a ratio of 2 to 1 [1] - A notable trade involved a 1x3 call spread where 4,000 October 75 calls were purchased at approximately $132 per contract, while 12,000 of the 87.5% calls were sold against it, resulting in a net premium outlay of about $250,000 [2] - This strategy indicates a bullish outlook, as the trader will be long 400,000 shares of stock if it exceeds $75, but capped at a maximum of $87.5 [2]

Now, let's stick with Nike, which will be happy to turn the calendar on September. It's the worst performing Dow component for this month. Joining me now is David Schwarz, Morning Star senior equity analyst.He calls Nike very undervalued. Uh, how long before we see the proof that it's undervalued, David. Yeah, it could be a couple quarters.Nike has really been struggling for the last two years really, and uh, its sales numbers have been weak. uh the company's been reporting sales declines which is very unus ...

Core Viewpoint - Nike is currently undervalued and is expected to show improvement in sales and performance by 2026, despite recent struggles and sales declines [1][2]. Company Performance - Nike has faced sales declines over the past two years, which is atypical for a company known for high growth [2]. - The company has launched new products, including a new line of running shoes and a collaboration with Skims, aiming to strengthen its position in the athleisure market [3]. Market Position - Despite losing some distribution to competitors like Hoka and On, Nike remains the largest player in the industry and is still the leader in sales among retailers [6][7]. - Retailers such as Foot Locker and Dick's Sporting Goods have a positive outlook on Nike's recent product releases, indicating strong retailer support [7]. Future Outlook - While immediate sales growth may not be evident, the company is positioning itself for a stronger performance in 2026, with significant marketing opportunities such as the upcoming World Cup [8]. - The sportswear industry is growing globally, with increasing interest in sportswear in developing nations, providing ample market opportunities for Nike and its competitors [9].

As potentially positive signals start to emerge, analysts will be looking to management for confirmation that any rebound is real. ...

Core Viewpoint - Wealthfront has filed for an initial public offering (IPO), joining a trend of fintech companies going public this year [1][2] Company Overview - Wealthfront filed confidentially for an IPO in June and has now made the filing public, indicating plans to start its roadshow for investors [2] - As of July 31, Wealthfront managed $88.2 billion in assets and served 1.3 million customers [2] - The company reported a net income of $194.4 million for fiscal 2025 [2] Target Market - Wealthfront's clients are primarily digital-native high earners focused on savings and wealth accumulation [3] - Digital natives typically possess significant liquid savings and have long investment horizons, remaining resilient during market corrections [3]

[Music] Heat. [Music] Hey, Heat. [Music] Hey, hey, hey. [Music]. ...

The Nike stock price has retreated in the past few weeks and moved to the strong, pivot, reverse level at $68.75 as investors wait for the latest earnings,which will provide more color about its turnaround efforts. NKE was trading at $68, down by 12.85% from its highest level in August. ...

Core Insights - Nike is set to report its fiscal first quarter results, with expectations of a significant decline in adjusted earnings per share and revenue due to ongoing challenges and a turnaround strategy under new leadership [1] Financial Performance - Analysts predict adjusted earnings per share to be $0.28, a 60% decrease from the previous year [1] - Revenue is anticipated to fall by 4.9% to $11.02 billion [1] - Nike Direct revenue is expected to decline by 8.3% to $4.3 billion, while wholesale revenue is forecasted to drop approximately 8% to $6.28 billion [2] - The Nike brand's sales are projected to decrease by 5% to $10.55 billion, and Converse's revenue is expected to decline by about 9% to $456.1 million [3] Strategic Initiatives - The company is focusing on cleaning up inventory, increasing product newness, and strengthening relationships with wholesale partners, although stabilization may take several quarters [4] - CFO Matthew Friend highlighted the uncertainty in the operating environment and the company's outlook reflects the best assessment based on available data [5] Margin and Cost Projections - Gross margins are projected to fall between 350 and 425 basis points, with approximately 100 basis points of negative impact attributed to tariffs [6] - Wall Street expects gross margin to improve to 41.7% for the quarter, up from 40.3% in the previous quarter [6] - The company estimates an incremental cost increase of about $1 billion and plans to reduce reliance on Chinese manufacturing from 16% to the "high-single-digit range" by the end of the fiscal year [7]

Nike (NKE) reported its fiscal first quarter results on Tuesday after market close. Its results beat expectations as the sneaker giant navigates a major turnaround strategy under CEO Elliott Hill, who took the helm last fall, and President Trump's tariffs. Nike stock rose around 5% in Wednesday's trading session. The company reported adjusted earnings per share of $0.49 compared to Wall Street analyst estimates for $0.28, according to data from Bloomberg. Revenue increased 1% year over year to $11.7. bi ...