SAN FRANCISCO, July 09, 2025 (GLOBE NEWSWIRE) -- Allbirds, Inc. (Nasdaq: BIRD) today announced that it has signed three new distribution agreements for multiple countries throughout Eurasia as part of the Company’s strategy to build long-term scalable growth in overseas markets. With the completion of the following agreements, Allbirds has now signed distribution deals with 16 companies globally. Beosport will become the exclusive Allbirds Distributor in the Balkans, effective January 2026.911 Fashion will ...

Core Insights - NIKE Inc. is undergoing a significant transformation as its stock performance lags despite exceeding earnings expectations in Q4 FY25 with an EPS of $0.14, while facing a 12% year-over-year revenue decline and ongoing gross margin pressures [1][8] - The company is pivoting towards performance innovation, tighter product segmentation, and a renewed commitment to sports, with initiatives like realigning digital strategy and streamlining operations showing early signs of success, particularly in North America and EMEA [1][2] Financial Performance - NIKE reported a Q4 FY25 EPS of $0.14, surpassing estimates despite a 12% revenue decline year-over-year [8] - The Zacks Consensus Estimate for NIKE's fiscal 2026 earnings indicates a year-over-year decline of 21.8%, while fiscal 2027 earnings are expected to grow by 54.2% [11] - NIKE's stock has decreased by approximately 2.3% year-to-date, contrasting with the industry's growth of 11.7% [9] Strategic Initiatives - Innovation is central to NIKE's recovery strategy, with a new "sport offense" model that organizes its brands around sport-specific teams to enhance product development and storytelling [2] - The company is focusing on performance-led launches, such as the Vomero 18, which achieved $100 million in sales within 90 days, and athlete-led initiatives like A'ja Wilson's signature line [2] - NIKE's management aims for a cleaner inventory position and a stronger product pipeline by fiscal 2026, shifting focus from legacy franchises to performance and sportswear innovation [3] Competitive Landscape - NIKE faces competition from Under Armour and Skechers, both of which are implementing distinct strategies to enhance their market positions [4] - Under Armour is refocusing on performance athletic wear and investing in digital platforms to stabilize its brand [5] - Skechers is emphasizing comfort-driven innovation and operational agility, maintaining consistent performance through a diversified product mix [6] Valuation Metrics - NIKE trades at a forward price-to-earnings ratio of 43.72X, significantly higher than the industry average of 22.75X [10]

Core Insights - Nike's stock declined by 3.2% following President Trump's decision to reinstate reciprocal tariffs on several Asian countries, effective August 1 [1] - The company imports a significant portion of its products from Asia, particularly from Vietnam and China, which are its largest manufacturing markets [1][3] - The tariffs reinstated are similar to those announced in April, with Indonesia facing a 32% duty and Cambodia's duty reduced from 49% to 36% [3][4] Tariff Implications - As of fiscal 2024, Nike imported 27% of its footwear from Indonesia and 15% from Cambodia, making these countries particularly relevant in the context of the new tariffs [3] - Vietnam remains Nike's largest manufacturing market, with a duty of 20%, which is lower than the previously announced 46% [4] - Investors appear to be reacting more calmly to this tariff news compared to the previous "Liberation Day" announcement in April, which caused a significant stock crash [5] Financial Impact - Nike anticipates an additional $1 billion in costs due to tariffs this year, although the exact impact of the new tariffs remains uncertain [6] - The ongoing trade war and tariff situation indicate that investors should remain vigilant regarding potential headwinds for Nike in the future [6]

3 July 2025 | 11:21PM HKT Anta Sports Products (2020.HK) | | | Anta group's Jun performance came as a mixed bag - group level topline remained solid fueled by smaller brands and Fila delivered positive surprise, yet Anta brand missed expectations. We expect Anta brand's 2Q25 retail sales to decelerate to LSD% yoy (vs. HSD% in 1Q) and Fila brand to deliver HSD% (vs.HSD% in 1Q) yoy in 2Q25 retail sales growth. Into 1H25 print (mid to late Aug), we project 13% yoy group sales growth to RMB 38.2bn with smaller ...

Core Viewpoint - Adidas AG has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Ratings - The Zacks rating system is based solely on a company's changing earnings picture, tracking the Zacks Consensus Estimate for EPS from sell-side analysts [2]. - The Zacks rating upgrade for Adidas reflects an improvement in the company's earnings outlook, which is expected to lead to increased buying pressure and a rise in stock price [4][6]. Impact of Earnings Estimate Revisions - Changes in a company's future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements [5]. - Institutional investors often rely on earnings estimates to determine the fair value of a company's shares, leading to significant stock price movements based on their buying or selling activities [5]. Performance of Zacks Rank System - The Zacks Rank stock-rating system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [8]. - The upgrade of Adidas to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [11]. Current Earnings Estimates for Adidas - Analysts expect Adidas to earn $4.32 per share for the fiscal year ending December 2025, with a 4.5% increase in the Zacks Consensus Estimate over the past three months [9].

Core Viewpoint - Nike's stock experienced a significant rally of nearly 15% following its fourth-quarter earnings report, despite reporting a 12% drop in revenue and an 86% decline in profits, indicating a shift in investor sentiment towards a potential recovery story [1][2]. Financial Performance - Nike reported quarterly earnings of $0.14 per share, surpassing analyst expectations, which signals management's control over the business [3]. - The company's inventories remained flat year-over-year at $7.5 billion, a positive sign as it indicates effective inventory management and the ability to sell products at full price [4][5]. Strategic Developments - Nike introduced a new strategy called "sport offense," aimed at revitalizing its market position and focusing on innovative product launches [6][9]. - The company is intentionally reducing marketing for older sneaker lines, leading to a 26% drop in direct-to-consumer digital sales, which is viewed as a necessary short-term sacrifice for long-term gains [7][8]. Market Outlook - Analysts have upgraded their outlook on Nike, reflecting a growing belief in the company's recovery potential, with an average price target of $77.19 and some as high as $115.00 [9][10][11]. - The market is now focusing on Nike's comeback plan, moving past its historical struggles, which is seen as a vote of confidence in the company's future [10][11].

Core Viewpoint - Nike is undergoing a turnaround effort called "Win Now" to refocus on its performance-driven brand identity, despite recent financial challenges [4][10]. Financial Performance - For the fiscal 2025 fourth quarter, Nike reported revenue of $11.1 billion, a decrease of 12% from the previous year, and net income of $200 million, down 86% [9][10]. - The Converse brand experienced a significant revenue drop of 26%, totaling $357 million [9]. - For the full fiscal year, Nike's revenue was $46.3 billion, down 10%, with net income at $3.2 billion, reflecting a 44% decline [10]. Strategic Initiatives - The "Win Now" initiative focuses on fewer, more impactful products, with the running segment growing by high single digits and the Vomero 18 shoe achieving $100 million in sales within 90 days [5]. - Nike plans to enhance its digital presence and collaborate more closely with wholesale partners, including increased retail marketing efforts [6]. - The company is streamlining its leadership structure, with CEO Elliott Hill replacing 11 of 15 direct reports and reorganizing teams into sport-specific units [7]. Tariff and Production Challenges - Nike faces challenges from the U.S.-China trade/tariff war, with 16% of its footwear imports coming from China, which are subject to potential tariffs [11]. - The company is taking steps to reduce production in China to the high single digits by 2026 and plans to implement a "surgical price increase" in the U.S. due to tariffs, estimating a $1 billion cost from the tariff war [12][13]. Investment Considerations - Despite a recent 15% stock increase, there is still potential for long-term investment in Nike as it navigates its turnaround and tariff issues [14][15]. - Nike's stock is currently 57% below its all-time high from 2021, suggesting opportunities for gradual investment through dollar-cost averaging [15].

Group 1 - Nike's stock increased by 17% in June, reflecting positive market sentiment following its latest quarterly update and potential for recovery [1] - The company has faced significant challenges over the past few years, including supply chain issues, inflation, and competition, leading to multiple CEO changes before settling on Elliott Hill [2] - In the fiscal 2025 fourth quarter, Nike reported sales of $11.1 billion, a 10% decline year over year, but exceeded market expectations of $10.7 billion [3][5] Group 2 - Earnings per share (EPS) fell from $0.99 to $0.14 year over year, yet still surpassed the anticipated $0.13 [5] - Nike is refocusing on the athlete by enhancing its culture, product offerings, marketing strategies, and overall market presence, which had previously suffered due to complacency [6] - The company is innovating with improved product lines and storytelling, leading to notable successes such as a mid-single-digit increase in running sales and the Vomero 18 generating $100 million in sales within 90 days [7] Group 3 - Nike remains the largest activewear and athletic shoe company globally, with trailing-12-month sales of $47 billion, and investors are optimistic about its growth potential [8] - The company offers a growing dividend, making it appealing for long-term investors, and there is a belief that it could become a significant turnaround story [9]

Analyst's Disclosure:I/we have a beneficial long position in the shares of NKE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any inv ...

Nike (NKE -1.36%) stock jumped 16% on Friday following its fiscal fourth-quarter earnings report the night before. That move would be the biggest one-day percentage gain for the stock in several years.Nike has been in a downward spiral since its peak in 2021 as a strategic shift toward the direct-to-consumer channel under former CEO John Donahoe flopped. However, after offering guidance for the first quarter of the new fiscal year that topped expectations, management seemed to give investors a ray of hope f ...