Nike, Inc. - Class B (NKE)
Nike: A Cheap Turnaround Play With A Growing Dividend
Nike, an American athletic footwear and apparel corporation, is now a $116 billion (by market cap) sportswear leader. The company's core Nike brand is the most popular athletic footwear and apparel brand in the world, estimated as having twice as much global sports footwear market share (~16%) as its nearest competitor (per Euromonitor). NKE increased its dividend for 22 consecutive years, with a 10-year dividend growth rate of 11.9%.
Nike Earnings Preview: Inventory Liquidation Could Last Through May '25 Quarter
Nike is expected to report their fiscal Q3 '25 earnings on Thursday, March 20th. The Street consensus for fiscal Q3 '25 is looking for $11 billion in revenue, $483 million in operating income, and just $0.29 in EPS for expected y-o-y declines of 11%, 64% and 70% respectively. The company has been facing post-Covid difficulties with inventory growth and then clearing that inventory, and now the four straight quarters of flat-to-negative revenue growth (y-o-y), so it becomes difficult to know how much of Nike's inventory liquidation is due to bad product, weak sales, or bad channel mix, and how much is just clearing the deck to make room for new products. China is another issue that is overhanging Nike, especially given the tariff tiff and the general anti-American feeling the last few years from trade issues with China. For the last 13 quarters, the y-o-y growth of Nike's China revenue has been negative for 9 of those quarters.
What Analysts Think of Nike Stock Ahead of Earnings
Nike (NKE) is scheduled to report earnings for the third quarter of fiscal 2025 after the closing bell on Thursday, with analysts more bullish than bearish on the apparel maker's stock.
Nike (NKE) Registers a Bigger Fall Than the Market: Important Facts to Note
Nike (NKE) reachead $72.71 at the closing of the latest trading day, reflecting a -1.19% change compared to its last close.
Earnings Preview: Nike (NKE) Q3 Earnings Expected to Decline
Nike (NKE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NIKE Faces Headwinds Pre-Q3 Earnings: Smart Buy or a Risky Bet?
NKE's Q3 results are likely to reflect long-term potential amid short-term hurdles. Investors must weigh future gains against current risks.
Billionaires Are Piling Into These Top Stocks. Should You Buy Them?
Following the stock picks of billionaire investors can be a great source of profitable investment ideas. These investors are interested in preserving and growing wealth, so they don't make an investment unless they see relatively low downside risk and a favorable probability of being right.
NIKE, Inc. (NKE) is Attracting Investor Attention: Here is What You Should Know
Nike (NKE) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Will Nike (NKE) Beat Estimates Again in Its Next Earnings Report?
Nike (NKE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Why The Kim Kardashian Partnership May Help Nike Just Do It
Nike has faced significant headwinds, but I remain bullish long-term, especially with the new partnership with Kim Kardashian targeting women Millennial and Gen Z consumers. Despite ongoing challenges and competition, Nike's strategic moves, including sports marketing investments, aim to drive consumer retention and traffic growth. Nike's financial performance shows slight revenue growth but faces ongoing challenges, particularly in China and from competitors like adidas and Puma.
NIKE Stock Rises 5.8% YTD on Effective Plans: Right Time to Invest?
The NKE stock's gains show investor confidence in its strategy. Uncertainties linger around lifestyle recovery and challenges in Greater China.
This Battered Bill Ackman Stock Could Be on the Cusp of a Huge Turnaround
Pershing Square Capital Holdings' Bill Ackman is perhaps best known for concentrated investments in a handful of “wonderful,” easy-to-understand businesses flush with free cash flow.
