Core Viewpoint - Candelaria Mining Corp. is currently under a management cease trade order (MCTO) due to delays in filing its audited annual financial statements for the year ended April 30, 2025, which were not submitted by the required deadline of August 28, 2025 [1][2]. Group 1 - The delay in filing the Annual Financial Filings is attributed to the auditors needing additional time to complete their audit and challenges related to updating the Company's accounts following the sale of certain Mexican subsidiaries [2]. - The Company is actively working to complete the Annual Financial Filings and anticipates filing them on or before October 3, 2025 [3]. - During the period of non-compliance, the MCTO will remain in effect, and the Company will issue bi-weekly default status reports as required [4]. Group 2 - The Company has confirmed that there have been no material business developments or other significant information regarding its affairs that have not been disclosed as of the date of the news release [4].

Core Viewpoint - Nike is set to report its fiscal first-quarter earnings next week, with Goldman Sachs maintaining a buy rating and a $95 price target on its shares, anticipating continued improvement in fundamentals and recovery in key segments like performance running and women's apparel [1][2]. Company Performance - Over the past five years, Nike has underperformed, down approximately 45%, while the broader market and consumer discretionary sector have seen larger gains [3]. - Year-to-date, Nike is performing better than other apparel companies, with competitors like Lululemon down over 52% [4]. Recent Developments - Nike has launched a collaboration with Kim Kardashian's Skims activewear brand, which is estimated to be worth around $4 billion, marking a significant opportunity for Nike [5][6]. - This collaboration is part of Nike's broader turnaround strategy, leveraging celebrity brand integrations that have been successful in the retail sector [7]. Technical Analysis - Nike's stock has been trending downward, with notable resistance at the $80 level and current trading around $69, indicating a precarious situation ahead of earnings [9][10]. - The Relative Strength Index (RSI) is in the oversold area, suggesting weakness in the market trend, which is not favorable for bullish sentiment heading into earnings [11]. Analyst Commentary - Recent price target adjustments include Morgan Stanley lowering its target from $70 to $64, and Telsey Advisory adjusting from $70 to $75, both maintaining equal weight ratings [12]. - Analysts express cautious optimism, noting potential low single-digit sales declines due to headwinds like rising costs from tariffs and softer demand from China [13]. Options Activity - Options trading volume for Nike reached about 114,000 contracts, with a 60/40 split favoring calls over puts, indicating some bullish sentiment [14]. - The expected price movement for October 17th suggests key levels of $62 to the downside and $76 to the upside, with significant open interest at $95 for calls and $67.5 for puts [16].

Competitive Pricing - Nike Skims offers lower prices in key categories like track jackets, sports bras, and leggings [1] - The lower pricing strategy puts pressure on more expensive competitors [1] Market Impact - Analysts suggest the pricing strategy impacts rivals [1]

Group 1 - Nike is expected to report earnings soon, with anticipation building after a strong performance in late June [1] - Selling pressure has emerged as Wall Street awaits updates on Nike's turnaround strategy [1] - Acuity Brands is set to report its fiscal fourth-quarter results on October 1 [2] Group 2 - Nike's stock has shown signs of breaking out, with JPMorgan predicting an earnings revival for the company [4] - Acuity Brands and other small-cap stocks are gaining attention as they approach key technical benchmarks [4] - The footwear and apparel sector is highlighted, with a specific mention of a segment that saw a 249% increase [4]

The Skims collaboration is a big swing for Nike, complete with a branded film, a marketing campaign featuring more than 50 Nike athletes, and dozens of new products. ...

Core Insights - The upcoming week will feature significant economic data releases and earnings reports, with Nike (NKE) being the most anticipated [1] Economic Data Schedule - Monday, Sep. 29: Cleveland Fed President Beth Hammack will give an early morning address, followed by August pending home sales data [2] - Tuesday, Sep. 30: The day will include remarks from the Chicago Fed president and various economic data releases, such as the Chicago Business Barometer, September consumer confidence, August job openings, and the S&P Case-Shiller home price index [3] - Wednesday, Oct. 1: Key data releases will include September's ISM manufacturing report, August construction spending, ADP employment figures, the final S&P U.S. manufacturing PMI, and September auto sales [4] - Thursday, Oct. 2: A quieter day with late-September jobless claims and August factory orders scheduled for release [4] - Friday, Oct. 3: A busy end to the week with September employment results, wage figures, the final S&P U.S. services PMI, and ISM services data [5]

Core Viewpoint - NIKE, Inc. is expected to report a significant decline in earnings per share (EPS) for the fiscal first quarter of 2026, reflecting ongoing challenges in the market and competition, particularly in Greater China [2][5]. Financial Performance - NIKE is projected to report a profit of $0.28 per share on a diluted basis for Q1 2026, down 60% from $0.70 per share in the same quarter last year [2]. - For the full fiscal year 2026, analysts expect an EPS of $1.68, which represents a 22.2% decrease from $2.16 in fiscal 2025 [3]. - However, EPS is anticipated to rebound significantly to $2.59 in fiscal 2027, marking a year-over-year increase of 54.2% [3]. Stock Performance - Over the past 52 weeks, NIKE's stock has underperformed, declining by 21.3%, while the S&P 500 Index has gained 15.4% [4]. - The stock has also lagged behind the Consumer Discretionary Select Sector SPDR Fund, which saw an 18.3% increase during the same period [4]. Market Challenges - NIKE's struggles are attributed to several factors, including a lack of innovation, reduced reliance on third-party sellers, and intense competition from domestic brands in Greater China, such as Anta and Li-Ning [5]. - U.S. tariffs have further complicated sourcing from China and other manufacturing hubs like Vietnam [5]. Analyst Sentiment - The consensus opinion among analysts is moderately bullish, with a "Moderate Buy" rating overall. Out of 36 analysts, 15 recommend a "Strong Buy," four suggest a "Moderate Buy," 15 give a "Hold," and two recommend a "Strong Sell" [7]. - The average analyst price target for NIKE is $80.56, indicating a potential upside of 16.3% from current levels [7].

Core Viewpoint - NIKE Inc. is expected to report declines in both revenue and earnings for the first quarter of fiscal 2026, with projected revenues of $11 billion, reflecting a 5% year-over-year decrease, and earnings per share (EPS) of 28 cents, indicating a 60% decline from the previous year [1][2][9] Financial Performance - The Zacks Consensus Estimate for fiscal first-quarter revenues is $11 billion, suggesting a 5% decline from the prior year's figure [2] - The estimated EPS for the fiscal first quarter is 28 cents, indicating a significant 60% drop compared to the year-ago number [2] - In the last reported quarter, NIKE achieved an earnings surprise of 16.7%, beating the consensus estimate by an average of 42% over the trailing four quarters [3] Strategic Initiatives - NIKE is implementing its "Win Now" strategy, aimed at restoring brand momentum and positioning for sustainable growth after previous underperformance [5] - The company is focusing on leadership changes, product portfolio rebalancing, and enhancing marketing efforts through major sports events [6] - NIKE is prioritizing sports performance and product innovation, with new offerings like Pegasus Premium and Vomero 18, to cater to evolving consumer preferences [8] Market Positioning - NIKE is strengthening its wholesale partnerships and optimizing its supply chain, which is expected to cushion the bottom line in the upcoming quarter [7] - The company is revitalizing its digital and retail strategy by reducing promotions and improving premium brand positioning [10] Challenges - NIKE faces significant near-term challenges, including aggressive reductions in aging footwear franchises, a reset in China, and new U.S. tariffs that add a $1 billion structural cost burden [11][12] - Management anticipates a mid-single-digit revenue decline and a gross margin contraction of 350-425 basis points, with a notable impact from tariffs [13] - SG&A expenses are projected to increase, which may prolong profitability headwinds without a swift rebound in revenue growth [14] Stock Performance - NIKE shares have risen 13.9% over the past three months, outperforming the broader Consumer Discretionary sector and the S&P 500 [15] - However, NIKE's performance lags behind competitors like Wolverine World Wide and Steven Madden, which have seen significant stock price increases [16] Valuation - At a current price of $71.22, NIKE trades at a forward 12-month P/E multiple of 36.13X, which is above the industry average of 29.83X and the S&P 500's average of 23.44X [18] Long-term Outlook - NIKE's strategic initiatives are expected to build a strong foundation for long-term growth, focusing on innovation and improved consumer engagement [21] - While these efforts may create long-term value, short-term revenue challenges are anticipated due to weak demand in lifestyle products and ongoing issues in Greater China [23][25] - The company's long-term strategies aim to enhance brand equity and capture evolving consumer demand, despite the current financial pressures [24]

Group 1 - Nike shares fell below their 200-day moving average of $70.10, trading as low as $69.22 per share, representing a decline of approximately 2.6% on the day [1] - The 52-week range for Nike shares is between $52.28 (low) and $90.62 (high), with the last trade recorded at $69.57 [2]

Core Viewpoint - Analysts forecast a significant decline in Nike's quarterly earnings and revenues, indicating potential challenges for the company in the upcoming earnings release [1][6]. Earnings Estimates - Nike is expected to report earnings of $0.28 per share, reflecting a year-over-year decline of 60% [1]. - Revenue is anticipated to be $11 billion, down 5% compared to the same quarter last year [1]. - There have been no revisions in the consensus EPS estimate over the last 30 days, suggesting stability in analysts' expectations [1][2]. Revenue Projections - Revenue from Converse is projected to be $452.14 million, indicating a year-over-year decrease of 9.8% [3]. - Global Brand Divisions revenue is expected to reach $13.40 million, down 4.3% year-over-year [4]. - Footwear revenue is forecasted at $7.03 billion, reflecting a decline of 5.8% [4]. - Apparel revenue is estimated to be $2.95 billion, showing a decrease of 2.7% [4]. Geographic Revenue Insights - North America revenue is expected to be $4.62 billion, down 4.2% year-over-year [5]. - Asia Pacific & Latin America revenue is projected at $1.42 billion, indicating a decline of 3.1% [5]. - Europe, Middle East, and Africa revenue is forecasted to reach $3.09 billion, down 1.6% [5]. - Greater China revenue is anticipated to be $1.43 billion, reflecting a significant decline of 14.3% [6]. - Total Nike Brand revenue is expected to be $10.58 billion, down 4.7% from the prior year [6]. Performance Comparison - Nike shares have returned -8.8% over the past month, contrasting with the Zacks S&P 500 composite's +2.7% change [7]. - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [7].