NKE embarks on a new chapter, guided by the expertise and industry knowledge of incoming CEO Elliott Hill. Here's how to approach the stock at this point.
Nike still has abundant opportunities in a $300 billion-plus sportswear market. Starbucks' new CEO should guide the stock to great returns in the coming years.
Nike Inc (NYSE:NKE, ETR:NKE)'s fiscal first quarter earnings are expected to be the “status quo” as the announcement of a new CEO will push out the reveal of the longer-term plan, analysts at Bank of America believe. The athletic apparel and footwear brand's Q1 earnings should mark the trough for sales growth and peak selling, general and administrative deleverage from investments in customer-facing events such as the Olympics, analysts wrote in a note to clients.
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.
Nike (NKE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
With the Q3 earnings cycle just around the corner, many have shifted their focus to earnings. Apparel giant Nike (NKE) is among the batch of early releases, with its results expected on October 1st.
Nike's stock fell Monday, after J.P. Morgan warned investors that the athletic apparel and gear giant's quarterly results could cause a selloff.
Nike announced a leadership change at the top of the company, likely leading to a strategic shift.
Ackman's Pershing Square recently invested in this top sportswear brand at its lowest valuation in years. Warren Buffett's Berkshire Hathaway may have found a gem in the $100 billion cosmetics industry.
Nike shares struggled under its outgoing CEO. New CEO Elliott Hill will look to bring Nike back to its roots.
It used to be that Nike (NYSE: NKE) dominated the athletic wear business on its own, sometimes competing with Adidas.