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Nike's Fourth Quarter 'Not As Bad As Feared': Why 3 Analysts Are Lowering Price Targets
Tuesday, June 28, 2022 - 11:02am | 544Apparel and footwear company Nike Inc. (NYSE: NKE) reported fourth quarter earnings Monday after market close. Analysts size up the company’s revenue and eps beats with a cautious approach given gross margin and China business concerns. The Nike Analysts: Wells Fargo analyst Kate Fitzsimons...
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Nike Q4 Earnings Highlights: Sales And EPS Beat, Nike Direct Sales Up 7%, New Share Buyback And More
Monday, June 27, 2022 - 4:38pm | 445Apparel and footwear company Nike Inc (NYSE: NKE) reported fourth-quarter and full fiscal year earnings Monday after the market close. Here are the key highlights for investors. What Happened: Nike reported fourth-quarter revenue of $12.2 billion, a decline of 1% year-over-year. The revenue total...
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Lululemon Q1 Earnings Highlights: Revenue And EPS Beat, North America Sales Up 32%, Guidance And More
Thursday, June 2, 2022 - 4:59pm | 396Lululemon Athletica Inc (NASDAQ: LULU) reported first-quarter financial results after market close Thursday. Here are the key highlights. What Happened: Lululemon reported first-quarter revenue of $1.61 billion, up 32% year-over-year and ahead of the $1.53 billion consensus estimate, according to...
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Under Armour Announces CEO Transition: What Investors Should Know
Wednesday, May 18, 2022 - 5:09pm | 380Shares of apparel and footwear company Under Armour Inc (NYSE: UA) (NYSE: UAA) fell after hours Wednesday on the heels of an announcement the company’s CEO was stepping down. What Happened: Under Armour announced Wednesday that CEO Patrik Frisk is stepping down from his role of CEO, president...
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Here's How Many People Have Visited NIKELAND In Roblox
Thursday, March 24, 2022 - 11:38am | 414Nike Inc (NYSE: NKE) is among the large public companies pushing to grow its business through the metaverse. Here's how successful a partnership with Roblox Corp (NYSE: RBLX) has been. What Happened: Nike reported third-quarter earnings this week and in its conference call, CEO John Donahoe...
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If You Invested $1,000 In Nike Stock At IPO, Here's How Much You'd Have Now
Wednesday, March 23, 2022 - 4:48pm | 384Apparel and footwear company Nike Inc (NYSE: NKE) has been a dominant player in its sector since it was founded in 1964. Here’s a look at how the company has performed since its IPO. What Happened: Nike was founded as Blue Ribbon Sports in 1964 by University of Oregon track and field coach...
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Nike Q3 Earnings Highlights: Revenue And EPS Beat, Digital Sales Growth And More
Monday, March 21, 2022 - 4:34pm | 287Apparel and footwear company Nike Inc (NYSE: NKE) reported third-quarter financial results after market close Thursday. Here are the highlights for investors. What Happened: Nike reported third-quarter revenue of $10.9 billion, up 5% year-over-year and ahead of a consensus target of $10.6...
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Lululemon Launches Footwear Collection: What Investors Should Know
Tuesday, March 8, 2022 - 2:27pm | 435A leading apparel company has announced plans to grow in the footwear category with an entry into the market for men’s and women’s shoes. What Happened: Lululemon Athletica Inc (NASDAQ: LULU) announced its official entry into the footwear category Tuesday. The company will launch...
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If You Invested $1,000 In Nike Stock When Air Jordan Shoes Were Released, Here's How Much You'd Have Now
Wednesday, September 15, 2021 - 7:45am | 520Nike Inc (NYSE: NKE) is one of the most well-known brands in the world. The company completed an IPO in 1980 and has been publicly traded since. Here’s how a key event in 1985 influenced the share price rise over the last 36 years. What Happened: From 1972 to 1984, Nike’s sales...
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Nike Just Does It: Analyst Likes Favorable Risk Reward, Shift From Wholesale To DTC
Tuesday, May 11, 2021 - 5:22pm | 428Shoe, apparel and equipment company Nike Inc.'s (NYSE: NKE) direct-to-consumer (DTC) strategy shift and growth in China has an analyst paying attention. The Nike Analyst: Jefferies analyst Randal J. Konik upgraded shares of Nike to Buy and raised the price target from $...