Nike's Momentum Confirmed In Earnings Report: Are Analysts Remaining Bullish?
Nike Inc (NYSE: NKE) beat consensus estimates in the third-quarter, paying 79 cents per share on revenues of $12.4 billion. Nike Direct sales rose 17% year-over-year, while digital sales increased by 20% and wholesale grew 12%.
Barclays sees Nike shares surging more than 20% after the apparel giant's latest earnings report
It's time to get into Nike shares, according to Barclays. Analyst Adrienne Yih upgraded shares to overweight from equal weight, and raised her price target, saying the strength of Nike's latest earnings results show the sports apparel retailer is getting back to its long-term targets — despite some weakness in China.
Nike share-price targets lifted as analysts cheer third-quarter results
Nike’s better-than-expected third-quarter results point to the strength of the athletic giant’s brand, analysts say, despite the company’s weaker-than-expected gross-margin forecast. On Wednesday, Barclays upgraded Nike Inc.
Nike shares reverse after earnings beat leap
Nike Inc (NYSE:NKE) shares edged lower while the broader market was largely flat ahead of the Federal Reserve’s March interest rate decision despite
Nike earnings results divide analyst opinion
Nike (NKE) shares wavered on Wednesday, opening down about 2% and erasing an over 4% gain marked just after an earnings print on Tuesday evening
Nike Fell to Start Wednesday, but Another Stock Really Went to the Dogs
Nike weighed slightly on the Dow Jones Industrials after reporting its financial results. Petco Health and Wellness also saw ...
Is this the sneaker Gen Z has been asking for? Nike seems to think so.
Nike is releasing the Air Max Pulse next week, a brand new sneaker silhouette joining the Air Max franchise geared towards ...
Nike sneakers fuel sales beat, excess apparel stocks still a drag
Nike raised its full-year revenue outlook on Tuesday after reporting quarterly results that beat estimates, but warned of ...
Nike outruns its competitors
The ball is in Nike’s court. The $195 billion sportswear giant posted a 14% rise in revenue in third-quarter earnings on ...