NIKE, Inc. Reports Fiscal 2019 First Quarter Results
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Wells Fargo Reiterates Market Perform on Nike (NKE)
September 26, 2018 8:00 AM EDTWells Fargo analyst, Tom Nikic, reiterated a Market Perform rating and $82.00 price target on Nike (NYSE: NKE) following the company's 1Q report. Though NKE posted solid +9% constant-FX growth in EMEA in Q1, Nikic notes that this represented a slight sequential deceleration from Q4s... More
Piper Jaffray Reiterates Overweight on Nike (NKE) Following 1Q
September 26, 2018 7:49 AM EDTPiper Jaffray analyst, Erinn Murphy, reiterated an Overweight rating and $93.00 price target on Nike (NYSE: NKE) following the company's 1Q earnings report. Management spoke to "operational upside" against its underlying reiterated FY19 guidance.
NKE delivered strong results across the board led by digital... More
Guggenheim Reiterates Buy on Nike (NKE) Following 1Q
September 26, 2018 7:45 AM EDTGuggenheim analyst, Robert Drbul, reiterated a Buy rating and $100.00 price target on Nike (NYSE: NKE) following the company's 1Q earnings report. NKE reported a strong start to FY19, with revenue and EPS above estimates.
Revenue accelerated to +6% growth... More
Credit Suisse Remains Bullish on Nike (NKE) Following 1Q
September 26, 2018 7:31 AM EDTCredit Suisse analyst, Michael Binetti, reiterated an Outperform rating and $90.00 price target on Nike (NYSE: NKE) following the company's 1Q earnings report. 1Q EPS of $0.67 beat the Street's estimate of $0.63. Credit Suisse raised FY19 EPS slightly to $2.64 from $2.60 (Guide implies $2.40-$2.70)... More
lululemon (LULU), Foot Locker (FL) Trade Lower in Sympathy with Nike
September 25, 2018 4:44 PM EDTlululemon (NASDAQ: LULU), Foot Locker (NYSE: FL) Trade Lower in Sympathy with Nike
Under Armour Inc (NYSE: UAA) was Slightly Higher
Nike (NKE) Tops Q1 EPS by 4c
September 25, 2018 4:15 PM EDTNike (NYSE: NKE) reported Q1 EPS of $0.67, $0.04 better than the analyst estimate of $0.63. Revenue for the quarter came in at $9.9 billion versus the consensus estimate of $9.94 billion.
Gross margin increased 50 basis points to 44.2 percent primarily due to higher average selling prices,... More