Nike's quarterly revenue climbed 5.3% year over year (7% at constant currency) to $8.7 billion, with growth in NIKE Brand revenue led by strength in the sportswear and running categories. That translated to 19.1% growth in net income to $1 …
If Nike is going to stay a top stock, this will be key going forward. Finally, for Nike stock to continue outperforming, the market the company will have to continue expanding its presence. Before Tiger Woods, the company had almost no …
Nike is having an interesting day in the market today to say the least. At the opening bell, the stock was trading well into the green. However, shortly after the bell, the stock started to slide. Then, minutes ago, the stock spiked downward into …
Moreover, both the top line and bottom line improved year over year. Overall, NIKE’s stock has declined 4.6% in the last three months, underperforming the Zacks categorized Consumer Discretionary sector’s growth of 2.1%. This athletic …
Nike (NYSE: NKE) is a large cap company that operates within the textiles, apparel and luxury goods industry. Its market cap is $85 billion today, and the total one-year return is -3.2% for shareholders. Nike stock is underperforming the …
Over the past couple of years, Nike has lost some of its Wall Street flare as attention has instead diverted to the company’s smaller but rapidly growing rival Under Armour. I analyze why it is perhaps time to recall the world’s largest …