74.32 0.00 (0.00%)
After hours: 5:15PM EST
|Bid||0.00 x 2200|
|Ask||0.00 x 1800|
|Day's Range||73.51 - 75.28|
|52 Week Range||60.13 - 86.04|
|Beta (3Y Monthly)||0.96|
|PE Ratio (TTM)||58.89|
|Earnings Date||Dec 20, 2018|
|Forward Dividend & Yield||0.88 (1.20%)|
|1y Target Est||87.58|
Nike (NKE) is scheduled to announce its fiscal 2019 second-quarter earnings results on December 20. In the first quarter of fiscal 2019, Nike’s adjusted EPS were $0.67, 6.3% better than analysts’ estimate and up 17.5% YoY (year-over-year). Nike’s management expects its SG&A (selling, general, and administrative) expenses to rise in the low teens owing to investments in digital capabilities and marketing investments.
The new filing restates the basic arguments of the first motion to dismiss. Nike's attorneys argue the lawsuit is overly broad and lacks sufficient facts.
Shares of Under Armour (UAA) plummeted over 10% Wednesday as investors signaled their displeasure with the sportswear firm's long-term guidance it provided at its investor day.
Wall Street analysts expect Nike (NKE) to report revenue of $9.17 billion in the second quarter of fiscal 2019, representing a 7.1% rise on a YoY (year-over-year) basis. Nike is scheduled to report its fiscal 2019 second-quarter earnings results on December 20.
Next up for the newly minted Merriweather District in downtown Columbia? Nike (NYSE: NKE) has signed a lease for 12,000 square feet in One Merriweather, a new office building in downtown Columbia, WBJ has learned. It will join tenants that owner Howard Hughes Corp. (NYSE: HHC) has been lining up for the project, including MedStar Health and Pearson PLC. Elsewhere in the downtown Columbia project are cured and 18th & 21st, a restaurant and speakeasy, and a new music venue and bar/restaurant, The Soundry, from Clyde’s Restaurant Group. The new Nike store will follow in the footsteps of the brand’s new model stores that have opened in New York and Los Angeles with e-commerce tie-ins, interactive tech in house and connections to Nike’s mobile apps and digital offerings. It will also serve as a showroom for new prototypes Nike is working on with celebrities or other brands.
At the investor day executives said they want to achieve a discipline operating model and focus on more profitable growth. Under Armour sees a low-single-digit revenue compund annual growth rate in North America for fiscal years 2020-2022, Briefing.com reported.
While millennials are doing a good job of saving in traditional ways, not parking their money in high-return investment options could be a potential mistake.
In the past two years, more than 100 companies have publicly joined the Tent Partnership for Refugees, a non-profit with a mission to develop and implement concrete business commitments to refugees. To understand whether helping refugees helps or hurts brands, researchers from the NYU Stern School of Business surveyed a representative sample of consumers in the U.S. about their sentiments in regard to 10 brands across 10 product categories (alcohol, automobiles, cosmetics, apparel retail stores, cosmetics, grocery stores, home furnishings, hotels, soft drinks, soap-shampoo, and sports apparel), as well as consumer sentiments about business commitment to refugees. The results from 7,139 consumers are somewhat surprising: almost half of them (48%) noted that they are more likely to purchase a brand if they know the brand is committed to supporting refugees in one or more ways.
Dubbed a Triple-Double Strategy, it involves utilizing more technology-powered innovation to drive sales growth, benefiting owners of Nike stock. As of last quarter, however, shareholders started to see the power of the company’s not-so-new-anymore Nike Customer Experience (NCX) platform. Perhaps Citigroup has a point about Nike stock being a top idea for the coming year, even if Citi ‘s analysts overstated the bullish case on NKE stock.
earnings report in September brought the stock down harshly, but the shares still have crushed the U.S. market this year. Nike shares have fallen almost 14% since it beat fiscal first-quarter earnings estimates in September but reported a slower gross margin expansion as a result of higher product costs. For next year, not only are investors worried about the impact of Donald Trump's tariffs on Nike's margins, but a global economic slowdown is likely in the cards for 2019.
As of December 10, Lululemon (LULU) was trading at a 12-month forward PE ratio of 27.1x. The company’s adjusted EPS grew 33.9% in the third quarter as a result of strong revenue growth, higher margins, and lower taxes. Lululemon increased its fiscal 2018 earnings and revenue guidance following strong results in the third quarter.
A new study reveals which states across the nation have a particular fondness for the McDonald's brand
Lululemon Athletica (LULU) stock recovered 1.0% on December 10 after a steep decline of 13.4% on December 7 following the announcement of the company’s results for the third quarter of fiscal 2018. Lululemon delivered impressive results for the third quarter. Lululemon stock has had a strong run this year.
BARRON'S PENTA From a century-old novel to a memoir and a newly released academic book, here’s what business and cultural leaders are reading. Robert Shiller Nobel laureate in economics, professor at Yale University A Crisis of Beliefs: Investor Psychology and Financial Fragility by Nicola Gennaioli and Andrei Shleifer The book “makes a case that the financial crisis of 2008 can be traced ultimately to a kind of human error, which they call diagnostic beliefs.
Considering rates are only going higher and there’s been no progress on the trade war front outside of a ninety-day truce, the consensus outlook is for these headwinds to continue to drag on markets for the foreseeable future. As such, so long as these headwinds continue to plague markets, this group of resilient stocks will outperform.
On this episode of the Full-Court Finance podcast, Associate Stock Strategist Ben Rains breaks down Lululemon's recent Q3 financial results and dives into the athleisure firm's future.
Twitter Inc (NYSE: TWTR ) has released the top 10 most tweeted-about athletes of 2018. Unsurprisingly, LeBron James topped the list, aided by his controversial decision to join the Los Angeles Lakers. ...
Plaintiffs claim Nike's board failed to protect shareholders against claims of pay and gender discrimination. Nike's board denies the allegations. On Monday, an attorney for the company's board said he will file a motion to dismiss by Jan. 8. If the case isn't dismissed, it's tentatively set for trial in August 2020.
Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls the leading EV maker and a couple of social media giants. Bearish calls included a top automaker and a telecom ...
Reputable billionaire investors such as Nelson Peltz and David Tepper generate exorbitant profits for their wealthy accredited investors (a minimum of $1 million in investable assets would be required to invest in a hedge fund and most successful hedge funds won’t accept your savings unless you commit at least $5 million) by pinpointing winning small-cap […]
Red-hot athletic apparel company Lululmeon (NASDAQ:LULU) reported strong third-quarter numbers on Thursday, Dec. 6, but investors weren’t satisfied. In response to what was yet another double-beat-and-raise quarter, LULU stock dropped more than 5%. The revenue and earnings guides for the fourth quarter were simply in line with expectations, while the comparable sales guide called for a rapid deceleration in comps to ~10%, from ~20% in the prior three quarters.
Pivotal Software's (PVTL) third-quarter fiscal 2019 results to benefit from expanding product portfolio and growing customer base.