Usually, Nike Inc (NYSE:NKE) stock gets punished in sympathy to brick-and-mortar retail stocks. This was the case in May when we saw a general retail earnings debacle from Macy’s Inc (NYSE:M), J C Penney Company Inc (NYSE:JCP) …
Wall Street reminds me a little of the weather here in Florida, it’s either dry as a bone or you are engulfed in water. Although I can probably predict daily activity on Wall Street with the same degree of accuracy as I can the weather, I …
The chart below is not what you want to see if you’re Nike. After years of sustained growth, Nike’s business is straining to inch forward. In the quarter ending Aug. 31 2017, Nike had $9.07 billion in sales, still a staggering amount, but barely …
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Under Armour’s shares still carry the highest valuation of the big global sportswear companies with its stock trading at 39.1 times forward earnings. Nike in contrast trades at 22.4 times, and Adidas at 24.7 times. The company also said net …
2017 was a problematic year for Nike, Inc. (NYSE: NKE), as both revenue growth in its core North American market and profits slipped toward the end of the year. Still, the stock still managed to post respectable gains thanks to a late-stage …
Late Thursday athletic equipment manufacturer Nike, Inc. (NKE) announced a 2-for-1 stock split to take place on December 24. The company also announced a rise in its quarterly dividend. The stock split will take place on …
Nike Inc (NYSE:NKE) stock is selling off by about 4% today, and is down 7% for the week, amid an investor freak-out concerning the sports apparel and retail industries . Friday’s beating in NKE stock has come courtesy of simply …