Latest news with #NIKEInc
Yahoo
4 days ago
- Business
- Yahoo
NIKE, Inc. (NKE) Might Be Making A Comeback, Says Jim Cramer
We recently published . NIKE, Inc. (NYSE:NKE) is one of the stocks Jim Cramer recently discussed. NIKE, Inc. (NYSE:NKE)'s shares have gained a modest 3.5% year-to-date as the firm executes a slow and long-drawn turnaround. The shares have gained 22% since late June after the firm's fiscal fourth quarter earnings beat analyst earnings and revenue estimates. The results convinced investors that NIKE, Inc. (NYSE:NKE) was successfully executing its turnaround. Cramer's previous comments about the firm have wondered whether it should undergo another round of layoffs. Here are his recent thoughts: 'I also by the way think Nike's making a comeback. But I know that when you go and you think sneaker, it's always been a tough run. But these guys are a 16 billion dollar [inaudible] I like them. I really do. I like them.' Previously, Cramer discussed NIKE, Inc. (NYSE:NKE)'s performance: 'I know. I was expecting, I was thinking that Nike would have another layoff. I think that they're still too bloated. . . ..I think that the Footlocker buy by Dick's is an acknowledgement that Footlocker's getting the right Nikes. I think, but I think they needed another cut. I think they have too many people. That's out there. I just think it's still a little too early. I think that industry clustered around Nike, and that Nike no longer seems to have that athletic edge that they once had.' While we acknowledge the potential of NKE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
6 days ago
- Business
- Globe and Mail
NIKE Bets on EMEA Growth: Can This Strategy Pay Off in FY26?
NIKE Inc. 's NKE EMEA strategy is emerging as one of the most promising growth levers for fiscal 2026, building on progress already made in cleaning up the marketplace and repositioning NIKE Digital as part of an integrated channel strategy. In fourth-quarter fiscal 2025, the region delivered growth in key performance categories like running and training, while women's sportswear footwear returned to growth. Wholesale sportswear also posted gains, reflecting the benefits of diversifying beyond classic franchises such as Air Force 1, Dunk and AJ1. The company ended the quarter with inventory slightly ahead of targets and a healthier balance of full-price sales. A core pillar of NIKE's EMEA push is the 'sport offense' realignment, dedicated cross-functional teams focused on specific sports to deepen athlete relationships, drive targeted innovation and tailor storytelling by market. This sharper focus enables the company to match local consumer demand with sport-specific product pipelines, such as high-performing running footwear (led by the Vomero 18 franchise) and expanded women's basketball offerings. The approach also supports sharper marketplace segmentation, allowing NIKE to deliver unique assortments to wholesale partners like JD Sports while maintaining premium positioning in NIKE Direct. In fiscal 2026, NIKE expects the EMEA region to benefit from a stronger holiday order book, bolstered by growth in performance categories and new dimensions in sportswear to offset declines in classic franchises. Momentum in the region is also supported by improved wholesale sell-through rates, healthier inventory levels and higher full-price sales penetration. If the sport offense model continues to generate both consumer excitement and channel profitability, EMEA could be a key driver of the company's return to sustainable growth in fiscal 2026. NKE's Competition in the Global Arena adidas AG ADDYY and lululemon athletica inc. LULU are the key companies competing with NIKE in the global market. adidas remains one of NIKE's strongest global competitors, leveraging its deep heritage in performance sports and lifestyle segments to maintain a strong foothold in markets like EMEA and Asia-Pacific. The brand continues to benefit from its credibility in football, running and training, reinforced by partnerships with elite clubs, athletes and cultural icons. In recent years, adidas has accelerated its innovation cycle, introducing performance-driven footwear like the Adizero and Ultraboost lines, while expanding its sustainability initiatives, such as increasing the use of recycled materials through its Primegreen and Primeblue platforms. lululemon has carved out a premium niche in athletic apparel, dominating the global yoga, studio and athleisure markets while steadily expanding into high-performance categories like running, training, golf and tennis. lululemon's vertically integrated model, with a strong direct-to-consumer foundation, allows for tight control over pricing, product drops and customer experience. NKE's Price Performance, Valuation & Estimates Shares of NIKE have lost 1.1% year to date compared with the industry 's decline of 5.2%. From a valuation standpoint, NKE trades at a forward price-to-earnings ratio of 40.07X compared with the industry's average of 29.34X. Image Source: Zacks Investment Research The Zacks Consensus Estimate for NKE's fiscal 2025 earnings implies a year-over-year decline of 12.04%, while that for fiscal 2026 indicates growth of 1.9%. The company's EPS estimate for fiscal 2025 and 2026 has been unchanged in the past seven days. Image Source: Zacks Investment Research NIKE currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. See our %%CTA_TEXT%% report – free today! 7 Best Stocks for the Next 30 Days Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NIKE, Inc. (NKE): Free Stock Analysis Report lululemon athletica inc. (LULU): Free Stock Analysis Report Adidas AG (ADDYY): Free Stock Analysis Report
Yahoo
30-07-2025
- Business
- Yahoo
Here's What to Expect From NIKE's Next Earnings Report
With a market cap of $117 billion, NIKE, Inc. (NKE) is a global leader in the design, development, marketing, and sale of athletic and casual footwear, apparel, equipment, and accessories for men, women, and children. The company operates a powerful portfolio of brands, including Nike, Jordan, and Converse, with a strong global presence across North America, EMEA, Greater China, and the Asia Pacific. Analysts predict the Beaverton, Oregon-based company to report an EPS of $0.27 in Q1 2026, down 61.4% from $0.70 in the year-ago quarter. However, it has surpassed Wall Street's earnings estimates in the last quarters. More News from Barchart Tesla Just Signed a Chip Supply Deal with Samsung. What Does That Mean for TSLA Stock? Dear Microsoft Stock Fans, Mark Your Calendars for Aug. 1 Is Lucid Motors Stock a Buy, Sell, or Hold for July 2025? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For fiscal 2026, analysts forecast NIKE to report an EPS of $1.67, a decline of 22.7% from $2.16 in fiscal 2025. Nevertheless, EPS is anticipated to grow 55.1% year-over-year to $2.59 in fiscal 2027. Shares of NIKE have gained 7.9% over the past 52 weeks, underperforming both the S&P 500 Index's ($SPX) 17.1% return and the Consumer Discretionary Select Sector SPDR Fund's (XLY) 21.9% increase over the period. Nike stock climbed 15.2% following its Q4 2025 results on Jun. 26, with EPS of $0.14 and sales of $11.1 billion, topping the forecasts. Despite a 12% year-over-year sales decline and an 86% drop in EPS, investors were encouraged by signs of a turnaround and strong forward guidance, including strategic supply chain shifts to reduce tariff exposure. Nike's plan to lower its China footwear imports from 16% to single digits and mitigate up to $1 billion in added costs through supply chain optimization and pricing strategies further boosted investor confidence. Analysts' consensus view on NKE stock is moderately optimistic, with a "Moderate Buy" rating overall. Among 35 analysts covering the stock, 14 recommend "Strong Buy," three give "Moderate Buy," 16 indicate 'Hold,' and two advise "Strong Sell." As of writing, the stock is trading above the average analyst price target of $76.68. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
25-07-2025
- Business
- Yahoo
NIKE, Inc. (NKE)'s 'Gonna Have To Cut Prices Again,' Says Jim Cramer
We recently published . NIKE, Inc. (NYSE:NKE) is one of the stocks Jim Cramer recently discussed. NIKE, Inc. (NYSE:NKE) is a popular athletic apparel retailer whose shares have gained a modest 2.3% year-to-date. The firm is currently in the midst of a turnaround effort under its CEO, Elliott Hill. Despite the fact that NIKE, Inc. (NYSE:NKE)'s share performance has remained weak, Cramer has defended Hill against his detractors and asserted that the CEO is making all the right moves. He also believes that NIKE, Inc. (NYSE:NKE)'s turnaround will unfold over the long term instead of yielding short-term results. This time, he remarked that the firm would have to reduce prices to generate sales: 'Look Nike's gonna have to cut prices again.' Previously, Cramer discussed NIKE, Inc. (NYSE:NKE)'s turnaround efforts: 'I think Nike's going to be a long-term turn. I think that there was a lot of damage done, and a lot of the competitors came in and really like On, and we know that New Balance got strong and HOKA got strong. So it's going to, there's more competition. It's going to take a little longer than expected, but ultimately, I think that Elliot Hill is making all the right moves, and you will be fine.' While we acknowledge the potential of NKE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
03-07-2025
- Business
- Yahoo
Stock Market News for Jul 3, 2025
U.S. stock markets closed mixed on Wednesday for second consecutive day. Market participants appreciated the U.S.-Vietnam trade deal and expectations of a U.S.-India trade deal. On the other hand, a tepid private jobs data and uncertainty about President Trump's 'Big Beautiful Bill' unnerved investors. The S&P 500 and the Nasdaq Composite ended at record-high level while the Dow finished in negative territory. The Dow Jones Industrial Average (DJI) fell 10.25 points to close at 44,484.42. Notably, 17 components of the 30-stock index ended in negative territory and 13 finished in positive zone. The index is currently 1.3% away from its all-time high recorded on Dec 4, 2024. The major gainer of the index was NIKE Inc. NKE. The stock price of the sports retail behemoth was up 4.1% following the U.S.-Vietnam trade deal. NIKE currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. The tech-heavy Nasdaq Composite finished at 20,393.13, rising 0.9% or 190.24 points due to strong performance of technology bigwigs. This was a new record-high closing for the index. The S&P 500 was up 0.5% to finish at 6,227.42, marking a new closing-high. In intraday trading, Wall Street's most observed benchmark posted a new all-time high of 6,227.60. Seven out of 11 broad sectors of the broad-market index ended in positive territory while four in negative zone. The Technology Select Sector SPDR (XLK), the Energy Select Sector SPDR (XLE) and the Materials Select Sector SPDR (XLB) advanced 1.1%, 1.7% and 1.5%, respectively. On the other side, the Health Care Select Sector SPDR (XLV) fell 1%. The fear-gauge CBOE Volatility Index (VIX) was down 1.1% to 16.64. A total of 16.95 billion shares were traded on Wednesday, lower than the last 20-session average of 17.82 billion. President Donald Trump said that United States has signed a trade deal with Vietnam through which Vietnamese goods will be subject to 20% U.S. tariffs. Vietnam also agreed that a 40% tariff rate will be levied if goods originated in another country and were transferred to Vietnam for final shipment to the United States. Vietnam was subject to a 46% tariff on President Trump's reciprocal tariff chart. President Trump is hopeful that a trade deal between the United States and India could be signed before the July 9 deadline, which ends the 90-dayb pause of tariff imposed by the U.S. administration. India was subject to a 40% tariff on President Trump's reciprocal tariff chart. On July 1, U.S. Senate finally cleared President Trump's megabill after prolonged negotiations and a series of amendments by a narrow margin. The bill managed to pass through the Senate with a majority of 51-50. Several Republican Senators voted against the bill defying the party line. The final tie-breaking vote was casted by the Vice President JD Vance. The bill is now headed for the House of Representatives. Last week President Trump pressured the lawmakers to clear the bill to his table by July 4. It is still not clear whether a divided Republican Representatives will pass the bill by the deadline. The nonpartisan Congressional Budget Office projected that the bill will add more than $3 trillion to the federal deficit over the next decade. The U.S. government is currently facing a massive $36.2 trillion of fiscal deficit. Automatic Data Processing Inc. ADP reported that U.S. private sector payrolls contracted unexpectedly by 33,000 in June in contrast to the consensus estimate of a gain of 100,000. Jobs addition in May was also revised downward to 29,000 from 37,000 reported earlier. Professional and business services was the hardest hit sector in June. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NIKE, Inc. (NKE) : Free Stock Analysis Report Automatic Data Processing, Inc. (ADP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
