NIKE(NKE)
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Should You Buy Nike Stock Before Dec. 19?
The Motley Fool· 2024-12-19 01:09
Nike (NKE -1.41%) is scheduled to report quarterly earnings results after the markets close on Dec. 19, which could have implications for stock market investors.*Stock prices used were the afternoon prices of Dec. 15, 2024. The video was published on Dec. 17, 2024. ...
Nike Stock Could Rise 2x If It Recovers To Pre-Inflation Shock Highs
Forbes· 2024-12-18 06:05
WUHAN, CHINA - DECEMBER 05: Pedestrians walk past a Nike store featuring a modern design and ... [+] mannequins displaying winter apparel on December 5, 2024, in Wuhan, Hubei Province, China. As the global COVID-19 pandemic’s effects continue to wane, international brands like Nike are experiencing a resurgence in consumer activity in urban centers across China. (Photo by Cheng Xin/Getty Images)Getty Images[Note: Nike fiscal year ends in May]Nike’s stock (NYSE: NKE), a company designing, developing, and mar ...
NIKE's Pre-Q2 Earnings Trends Appear Weak: Time to Invest or Wait?
ZACKS· 2024-12-16 21:01
NIKE Inc. (NKE) is slated to release second-quarter fiscal 2025 results on Dec. 19. The leading sports apparel retailer is estimated to have witnessed year-over-year declines in the top and bottom lines in the fiscal second quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for fiscal second-quarter revenues is pegged at $12.2 billion, suggesting a 9.1% decline from the year-ago quarter’s reported figure. The Zacks Consensus Estimate for the company ...
Nike Needs A Turnaround After Q2 Results Are Released This Week: Will New CEO 'Just Do It?'
Benzinga· 2024-12-16 19:09
Analysts are weighing in with forecasts and expectations for Nike, Inc. NKE ahead of its second-quarter financial report due after Thursday's closing bell.Expert Ideas: Wall Street and investors will be watching new Nike CEO Elliot Hill who assumed the position on Oct. 14 and will be hosting his first Nike earnings call on Thursday evening. Telsey Advisory Group analyst Cristina Fernandez said the firm is looking to hear more about Nike's product innovation pipeline and changes in its distribution strategy, ...
Nike's Q2 Earnings: I Expect The Margin Hit Will Be More Than 150bps
Seeking Alpha· 2024-12-16 18:28
Earnings season is winding down while the holiday shopping season is reaching its peak. At the crossroads between these two seasons, we find Nike (NYSE: NKE ), a stock we all remember as one of the pandemic winners now trading atI focus on long term growth and dividend growth investing. I follow both the US and the European stock markets, looking for undervalued stock and/or for high quality dividend growing companies that provide me with cash to reinvest. Over time, I have come to realize that profitabilit ...
Countdown to Nike (NKE) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS
ZACKS· 2024-12-16 15:16
In its upcoming report, Nike (NKE) is predicted by Wall Street analysts to post quarterly earnings of $0.64 per share, reflecting a decline of 37.9% compared to the same period last year. Revenues are forecasted to be $12.17 billion, representing a year-over-year decrease of 9.1%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this pe ...
What Analysts Think of Nike's Stock Ahead of Earnings
Investopedia· 2024-12-16 10:36
Key TakeawaysNike is scheduled to report earnings after the bell Thursday, its first quarterly release since new CEO Elliott Hill took over in October.The athletic apparel giant's sales and stock have been pressured this year as it has faced new competition in the U.S. and China.Last quarter, the company withdrew its guidance for fiscal 2025 to allow for new projections with Hill as leader. Nike (NKE) is set to report fiscal second-quarter earnings after the market closes Thursday, its first quarterly resu ...
Analysts Estimate Nike (NKE) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-12-12 16:00
Nike (NKE) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended November 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on December 19, 2024, might help the stock move higher if these key numbers are better than expecta ...
NIKE-NFL Partnership Renewal Fuels Nearly 3% Rise in NKE Shares
ZACKS· 2024-12-12 15:15
NIKE Inc. (NKE) shares rose 2.8% yesterday following the announcement of a transformative 10-year extension to its longstanding partnership with the National Football League (“NFL”). The renewed agreement solidifies their commitment to advancing football through growth, innovation and progress.Through the deal, NIKE is set to redefine its role in the game and further strengthen its alliance as the exclusive provider of uniforms, sideline gear and performance apparel for all 32 NFL teams for over a decade. F ...
Nike renews its contract with the NFL after league briefly courted other bidders
CNBC· 2024-12-11 16:30
Nike has renewed its partnership with the National Football League for another 10 years after the league briefly opened the bidding process to competitors and held talks with other companies. Under the terms of the deal, Nike will continue to be the exclusive provider of uniforms and sideline, practice and base layer apparel for all 32 NFL teams through 2038. Nike has been the NFL's exclusive apparel provider since 2012. "This partnership renewal is a testament to the strength and success of our collaborati ...