Nike, Inc. - Class B (NKE)
Powers: Nike will adapt and regain some dominance
Matt Powers, Managing Partner at Powers Advisory Group, discussed Nike's turnaround, noting poor past management and slow innovation. He believes Nike will recover but emphasizes patience for investors.
Nike to post worst revenue fall in 5 years on stagnant demand
Nike is expected to post its steepest revenue decline in nearly five years in its quarterly results on Thursday, as its new products failed to open the wallets of Americans reluctant to snap up non-essential items like sporting goods and clothing.
Should Investors Buy Nike Stock as its Q3 Earnings Approach?
Investors will get a glimpse at how the consumer discretionary sector is fairing with Nike (NKE) set to release results for its fiscal third quarter after-market hours on Thursday, March 20.
Nike's Product Innovation Is The Most Important Catalyst For The Stock, Analyst Says
BofA Securities analyst Lorraine Hutchinson reiterated the Buy rating on the shares of Nike Inc NKE with a price forecast of $90.00.
Nike product wins in focus for third quarter earnings report
Nike Inc (NYSE:NKE, ETR:NKE) will report its third quarter earnings this week and investors will be more focused on the words rather than the numbers, analysts at Bank of America believe. “We argue Q3 results will matter less than the message about the product reset cycle and evidence new product is resonating,” analysts wrote in a note to clients.
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.
Unlocking Q3 Potential of Nike (NKE): Exploring Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for Nike (NKE), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended February 2025.
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.
