NIKE, Inc. Reports Fiscal 2022 Fourth Quarter and Full Year Results
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Nike (NKE) PT Lowered to $127 at Cowen
June 28, 2022 9:13 AM EDTCowen analyst John Kernan lowered the price target on Nike (NYSE: NKE) to $127.00 (from $133.00) while maintaining an Outperform rating.
The analyst commented, "Revenue guidance ex FX of +low double-digit y/y is fairly in line with consensus with China and supply chain flows... More
Nike (NKE) Board of Directors authorizes new four-year, $18 billion program to repurchase shares
June 27, 2022 4:17 PM EDTNike (NYSE: NKE) announced:
In June 2022, the Board of Directors authorized a new four-year, $18 billion program to repurchase shares of NIKE's Class B common stock. The Company's new program will replace the current $15 billion share repurchase program, which will be terminated in fiscal year... More
Nike (NKE) Tops Q4 EPS by 9c
June 27, 2022 4:15 PM EDTNike (NYSE: NKE) reported Q4 EPS of $0.90, $0.09 better than the analyst estimate of $0.81. Revenue for the quarter came in at $12.2 billion versus the consensus estimate of $12.07 billion.
Fourth quarter reported revenues were $12.2 billion, down 1 percent compared to prior year and up 3 percent on a... More