NIKE, Inc. Reports Fiscal 2017 Second Quarter Results
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FBR Capital Reiterates Market Perform on Nike (NKE) Following 2Q Results
December 21, 2016 6:54 AM ESTFBR Capital reiterated a Market Perform rating and $55.00 price target on Nike (NYSE: NKE) following the company's 2Q earnings report. EPS of $0.50 was came in ahead of the consensus estimate of $0.44. Revenue growth of +6.4% beat consensus estimates of +5.3%. Demand creation decreased 1% in line
with plan following significant 1Q investments in the Olympics and Euro Cup.
Analyst Susan Anderson commented, "NIKE reported... More
B. Riley Not Surprised By Nike (NKE) Q2 Report But Expresses Concern Regarding 'Futures Softness'
December 21, 2016 6:22 AM ESTB. Riley's Mitch Kummetz maintains his Neutral recommendation on Nike (NYSE: NKE) and keeps his PT at $56. Kummetz says Nike's weak futures orders suggest the company is losing market share and says the company's share loss "is less about NKE isn't doing and more... More
Nike (NKE) PT, Estimates Raised at Susquehanna as Business Improves
December 21, 2016 6:12 AM ESTSusquehanna analyst Sam Poser reiterated a Positive rating and bumped estimates and his price target on Nike (NYSE: NKE) to $64.00 (from $63.00) following Q2 results which he said reflects the strength of a well managed growing brand. Poser said future orders are less indicative of growth now than in the past. New product initiatives across merchandise categories, and the NBA partnership position Nike well for the balance of FY17 and... More
Citigroup on Nike (NKE): We Feel Better Today Than We Did Yesterday
December 21, 2016 6:09 AM ESTCiti's Kate McShane needed to sleep on Nike's (NYSE: NKE) report and today says she feels better than she did yesterday. She says Nike's ongoing supply chain and investment in products is finally beginning to bear fruit and "should contribute meaningfully to revenues &... More
Nike (NKE) future orders ex-currency up 2%, versus estimates of up 5.3% - Bloomberg
December 20, 2016 5:44 PM ESTNike (NYSE: NKE) future orders ex-currency up 2%, versus estimates of up 5.3% - Bloomberg
... More
