Yahoo Finance's Julia La Roche sits down with executive chairman and former CEO of Starbucks Howard Schultz
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||52.80 - 53.61|
|52 Week Range||49.01 - 60.53|
|PE Ratio (TTM)||21.21|
|Dividend & Yield||0.72 (1.35%)|
|1y Target Est||N/A|
Nike's gross margin has deteriorated over the last five quarters. In 4Q17, its gross margin fell 180 basis points to 44.3% of sales, mostly driven by currency headwinds.
Change is afoot in Portland's deeply enmeshed established footwear and apparel industry cluster. It comes on the heels of changing retail patterns, ongoing product innovations and an unnerving round of layoffs this year by reigning heavyweight champion of the industry in Portland. Nike's massive headquarters expansion in Beaverton is still on course, but newcomers to the scene are happy to scoop up any design and marketing talent that the footwear giant no longer requires.
What's seen as the last chance to repeal and replace ObamaCare before next year's midterm elections is coming up, putting in motion health care stocks.