NIKE Inc. (NKE) is slated to release second-quarter fiscal 2025 results on Dec. 19. The leading sports apparel retailer is estimated to have witnessed year-over-year declines in the top and bottom lines in the fiscal second quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for fiscal second-quarter revenues is pegged at $12.2 billion, suggesting a 9.1% decline from the year-ago quarter’s reported figure. The Zacks Consensus Estimate for the company ...

Analysts are weighing in with forecasts and expectations for Nike, Inc. NKE ahead of its second-quarter financial report due after Thursday's closing bell.Expert Ideas: Wall Street and investors will be watching new Nike CEO Elliot Hill who assumed the position on Oct. 14 and will be hosting his first Nike earnings call on Thursday evening. Telsey Advisory Group analyst Cristina Fernandez said the firm is looking to hear more about Nike's product innovation pipeline and changes in its distribution strategy, ...

Core Insights - The article discusses the intersection of the earnings season and the holiday shopping season, highlighting Nike as a notable stock that was a pandemic winner but is currently trading at a different valuation [1]. Group 1: Company Analysis - Nike is identified as a stock that has experienced significant changes in its trading status since the pandemic [1]. - The focus is on long-term growth and dividend growth investing, emphasizing the importance of profitability over low valuation [1]. - Key metrics such as margins, free cash flow stability and growth, and returns on invested capital are highlighted as critical factors in evaluating Nike's performance [1]. Group 2: Market Context - The article situates Nike within the broader context of the holiday shopping season, suggesting that consumer behavior during this period may impact the company's performance [1].

In its upcoming report, Nike (NKE) is predicted by Wall Street analysts to post quarterly earnings of $0.64 per share, reflecting a decline of 37.9% compared to the same period last year. Revenues are forecasted to be $12.17 billion, representing a year-over-year decrease of 9.1%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this pe ...

Key TakeawaysNike is scheduled to report earnings after the bell Thursday, its first quarterly release since new CEO Elliott Hill took over in October.The athletic apparel giant's sales and stock have been pressured this year as it has faced new competition in the U.S. and China.Last quarter, the company withdrew its guidance for fiscal 2025 to allow for new projections with Hill as leader. Nike (NKE) is set to report fiscal second-quarter earnings after the market closes Thursday, its first quarterly resu ...

Nike (NKE) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended November 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on December 19, 2024, might help the stock move higher if these key numbers are better than expecta ...

NIKE Inc. (NKE) shares rose 2.8% yesterday following the announcement of a transformative 10-year extension to its longstanding partnership with the National Football League (“NFL”). The renewed agreement solidifies their commitment to advancing football through growth, innovation and progress.Through the deal, NIKE is set to redefine its role in the game and further strengthen its alliance as the exclusive provider of uniforms, sideline gear and performance apparel for all 32 NFL teams for over a decade. F ...

Nike has renewed its partnership with the National Football League for another 10 years after the league briefly opened the bidding process to competitors and held talks with other companies. Under the terms of the deal, Nike will continue to be the exclusive provider of uniforms and sideline, practice and base layer apparel for all 32 NFL teams through 2038. Nike has been the NFL's exclusive apparel provider since 2012. "This partnership renewal is a testament to the strength and success of our collaborati ...

Core Insights - Nike is identified as a high Return on Invested Capital (ROIC) business with sustainable competitive advantages, currently trading at a fair price [1] - The ownership structure, board, and executive team are aligned with strong incentives, indicating a commitment to the company's success [1] - Nike has a straightforward capital allocation policy that is designed to appeal to value investors [1] Company Analysis - The company operates under the principles of good businesses, alignment of interests, margin of safety, and superior capital allocation [1] - Nike's management has a vested interest in the company's performance, which enhances accountability and strategic decision-making [1] - The investment philosophy emphasizes deep value, growth at a reasonable price, and special situations, indicating a comprehensive approach to investment opportunities [1]

Needham analyst Tom Nikic initiated Nike, Inc. NKE with a Buy rating and a price forecast of $84.The analyst suggests that Nike’s worst may nearly be over, with the recent CEO transition from John Donohoe to Nike veteran Elliott Hill seen as a major turning point – “Nike’s proverbial white knight.”The analyst also acknowledges that management accepts past mistakes and takes decisive steps to correct them.Although these strategies may pressure profits on P&L in the short term, they are viewed as the right mo ...