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Nike, Inc. Investors: Class action lawsuit filed on behalf of investors; the Portnoy Law Firm
GlobeNewswire News Room· 2024-06-25 06:11
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, June 24, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Nike, Inc. ("Nike" or the "Company") (NYSE: NKE) investors that a class action has been filed on behalf of investors. Nike investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. Investors who purchased and/or sold shares between March 19, 2021 and March 21, 2024 are encouraged to contact attorney Lesley F. ...
What Analyst Projections for Key Metrics Reveal About Nike (NKE) Q4 Earnings
ZACKS· 2024-06-24 22:15
Analysts on Wall Street project that Nike (NKE) will announce quarterly earnings of $0.86 per share in its forthcoming report, representing an increase of 30.3% year over year. Revenues are projected to reach $12.91 billion, increasing 0.6% from the same quarter last year. The consensus EPS estimate for the quarter has undergone a downward revision of 0.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates dur ...
NIKE ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against NIKE, Inc. and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2024-06-24 09:00
NEW YORK, June 23, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against NIKE, Inc. (“NIKE” or the “Company”) (NYSE: NKE) in the United States District Court for the District of Oregon on behalf of all persons and entities who purchased or otherwise acquired NIKE securities between March 19, 2021, and March 21, 2024, both dates inclusive (the “Class Period”). Investors have until August 19, 2024 ...
Wall Street Brunch: Did Inflation Bottom For The Year In May?
Seeking Alpha· 2024-06-24 01:08
JLGutierrez Listen below or on the go on Apple Podcasts and Spotify The following is an abridged transcript: The Fed’s favorite inflation gauge headlines this week just as traders are warming up to the idea that slower growth will allow the FOMC to cut rates in September. A cool number on the May core PCE could boost odds of a quarter-point cut then They now stand just above 60%. That’s up from just below 50% at the end of May. The 2-year Treasury yield (US2Y), most closely tied to the fed funds rate, is ar ...
4 Reasons to Buy Nike Stock Like There's No Tomorrow
The Motley Fool· 2024-06-23 17:30
文章核心观点 - 尽管耐克(Nike)股价近期表现疲软,但公司正在采取一系列有效措施来实现业务转型[4][5][6] - 即将到来的2024年夏季奥运会可能成为耐克业绩增长的催化剂[7][8][9] - 尽管当前经济环境存在一些不确定因素,但预计未来经济将出现反弹,这将有利于耐克业务的恢复[9][10][11][12][13] - 耐克作为体育服装和运动鞋行业的领导品牌,凭借其强大的品牌影响力和知名度,有望在转型过程中获得优势[14][15][16][17] 根据相关目录分别进行总结 1. 公司正在采取有效措施进行业务转型 - 公司认识到近期表现不佳,正在采取一系列措施进行转型,包括加强创新、重新聚焦运动市场、调整库存水平、恢复与零售商的批发关系等[4][5] - 公司还计划取消部分表现不佳的产品线,并裁员数百人以减少20亿美元的年度开支[5] - 公司预计未来一年内业绩仍将略有下滑,但股价通常会在公司业绩好转之前就开始反弹[6] 2. 2024年夏季奥运会可能成为业绩增长的催化剂 - 奥运会通常吸引大量观众,耐克计划加大广告投入,推出新的Nike Air系列产品,以此带动销售增长[7][8] - 分析师认为,耐克将利用奥运会这一平台,加快新产品的推出,并配合聚焦运动的营销策略[9] 3. 未来经济环境有望好转 - 当前经济环境存在一些不确定因素,如通胀高企、消费者信心下降等[9][10][11] - 但这些都是周期性的,经济有望在未来出现反弹[12] - 股市通常会提前反映经济前景,因此在公司业绩好转之前,股价就可能开始上涨[13] 4. 耐克作为行业领导品牌具有优势 - 耐克是体育服装和运动鞋行业的领导品牌,占据主导地位[14] - 公司的品牌知名度和影响力仍然很强,这将有助于其转型过程[15][16] - 尽管近期业绩疲软,但从整体来看,耐克仍具备良好的发展前景[17]
ROSEN, LEADING INVESTOR COUNSEL, Encourages NIKE, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – NKE
GlobeNewswire News Room· 2024-06-23 07:35
NEW YORK, June 22, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of Class B common stock of NIKE, Inc. (NYSE: NKE) between March 19, 2021 and March 21, 2024, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 19, 2024. SO WHAT: If you purchased NIKE Class B common stock during the ...
Nike Earnings Preview: Fiscal '25 Guidance Is All That Matters
Seeking Alpha· 2024-06-22 07:20
brunocoelhopt/iStock Editorial via Getty Images Nike (NYSE:NKE), the athletic apparel and footwear giant whose stock has fallen about 50% from its late November 2021 highs of $179, reports their fiscal Q4 ’24 earnings next Thursday night, June 27th, after the market close. The stock has been basing in the high $80s, low $90s since the third week of April. Sell-side consensus is expecting $0.84 in earnings per share, and $1.54 billion in operating income on $12.85 billion in revenue, for expected year-over-y ...
Shareholder Alert: Robbins LLP Informs Stockholders of the Class Action Filed Against NIKE, Inc. (NKE)
GlobeNewswire News Room· 2024-06-22 05:25
SAN DIEGO, June 21, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action on behalf of persons and entities that purchased or otherwise acquired NIKE, Inc. (NYSE: NKE) Class B Common stock between March 19, 2021 and March 21, 2024. NIKE is a global athletic footwear and apparel company that designs, markets, and sells products for its NIKE, Jordan, and Converse brands. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 35 ...
Analyst: Nike Stock Poised for a Rebound
Schaeffers Investment Research· 2024-06-21 23:55
Oppenheimer upgraded Nike Inc (NYSE:NKE) stock to "outperform" from "market perform" and raised its price target to $120 from $110. The analyst also reinstated the retail giant as a top mega cap pick in its bull note, saying NKE is setup for a gradual rebound amid product innovation and brand-building efforts. At last glance, Nike stock is trading 0.6% higher at $96.12. The security is poised for its third weekly win in four, extending its slim quarter-to-date lead to 2.4%. The equity also just reclaimed su ...
NIKE (NKE) Sustains Business Momentum: Will Q4 Earnings Beat?
ZACKS· 2024-06-21 23:10
NIKE Inc. (NKE) is slated to release fourth-quarter fiscal 2024 results on Jun 27. The leading sports apparel retailer is estimated to have witnessed year-over-year growth in the top and bottom lines in the fiscal fourth quarter. The company has been gaining from its Consumer Direct Acceleration strategy, along with strong demand, compelling products, and robust performances in its digital and DTC businesses. Supply-chain constraints, continued weakness in Greater China, and higher costs have been hurting i ...