|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||42.990 - 43.048|
|52 Week Range||41.900 - 52.040|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.95%|
ProShares, a premier provider of ETFs, today launched ProShares Decline of the Retail Store ETF , the first ETF specifically designed to benefit from the decline of bricks and mortar retailers.
Nike's growth in earnings was driven by a 3.5% YoY rise in revenue and a 4% YoY fall in selling and administrative expenses.
As discussed, Nike (NKE) will report its fiscal 4Q17 results on June 29, 2017. Its earnings during the quarter are expected to rise 2% YoY (year-over-year) to $0.50 per share.
Share prices of specialty athletic retailers Foot Locker, Dick’s, and Finish Line fell on June 21 after an announcement that Nike might sell products directly on Amazon.
Barclays said on April 6, 2017, that it was still positive about Nike, considering the ongoing innovative endeavors keeping the company ahead of its competitors.
Wall Street does not seem to be perturbed with Nike's latest results, as there have been no rating changes—so far, at least.
Nike reported a 23.6% year-over-year rise in its earnings per share (or EPS) to $0.68 during fiscal 3Q17. The company outperformed Wall Street analysts' estimate by a huge margin.