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Here's How Many People Have Visited NIKELAND In Roblox
Thursday, March 24, 2022 - 11:38am | 414Nike Inc (NYSE: NKE) is among the large public companies pushing to grow its business through the metaverse. Here's how successful a partnership with Roblox Corp (NYSE: RBLX) has been. What Happened: Nike reported third-quarter earnings this week and in its conference call, CEO John Donahoe...
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If You Invested $1,000 In Nike Stock At IPO, Here's How Much You'd Have Now
Wednesday, March 23, 2022 - 4:48pm | 384Apparel and footwear company Nike Inc (NYSE: NKE) has been a dominant player in its sector since it was founded in 1964. Here’s a look at how the company has performed since its IPO. What Happened: Nike was founded as Blue Ribbon Sports in 1964 by University of Oregon track and field coach...
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Nike Q3 Earnings Highlights: Revenue And EPS Beat, Digital Sales Growth And More
Monday, March 21, 2022 - 4:34pm | 287Apparel and footwear company Nike Inc (NYSE: NKE) reported third-quarter financial results after market close Thursday. Here are the highlights for investors. What Happened: Nike reported third-quarter revenue of $10.9 billion, up 5% year-over-year and ahead of a consensus target of $10.6...
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11 Stocks To Watch For March Madness: AT&T, Sports Betting And Genius Sports
Tuesday, March 15, 2022 - 7:39pm | 1255The 2022 NCAA Men’s Basketball Tournament kicks off March 15 with a series of play-in games to narrow down the field from 68 teams to 64 which will compete in a multi-week tournament to crown a champion. Here are some companies that could benefit from March Madness. Paramount:...
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Lululemon Launches Footwear Collection: What Investors Should Know
Tuesday, March 8, 2022 - 2:27pm | 435A leading apparel company has announced plans to grow in the footwear category with an entry into the market for men’s and women’s shoes. What Happened: Lululemon Athletica Inc (NASDAQ: LULU) announced its official entry into the footwear category Tuesday. The company will launch...
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Nike Buys Digital Sneaker And Fashion Brand RTFKT: What Investors Should Know
Monday, December 13, 2021 - 7:10pm | 393Nike Inc (NYSE: NKE) announced an acquisition Monday that could strengthen its position in the digital sneaker market. What Happened: Nike announced it's acquiring RTFKT, a leading brand for digital sneakers and fashion. Terms of the deal were not disclosed. “This acquisition is another...
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If You Invested $1,000 In Nike Stock When Air Jordan Shoes Were Released, Here's How Much You'd Have Now
Wednesday, September 15, 2021 - 7:45am | 520Nike Inc (NYSE: NKE) is one of the most well-known brands in the world. The company completed an IPO in 1980 and has been publicly traded since. Here’s how a key event in 1985 influenced the share price rise over the last 36 years. What Happened: From 1972 to 1984, Nike’s sales...
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Is 'Love Island' Now Helping Soaring Crocs Demand?
Tuesday, July 13, 2021 - 4:36pm | 543A British reality show could be helping boost the brand awareness for Crocs, Inc. (NASDAQ: CROX) footwear according to recently released data. What Happened: Reality show “Love Island” can provide fashion trends and ideas for viewers and the appearance of certain footwear on the show...
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Nike Has Long Runway Growth With Focus On Direct Sales, Margin Growth: Analyst React To Q4
Friday, June 25, 2021 - 4:28pm | 675Shares of Nike Inc (NYSE: NKE) hit a 52-week high Friday after reporting a strong fourth quarter that beat Street consensus. Here is the reaction from analysts on the key takeaways from the earnings report and if Nike has more room to run. The Nike Analysts: Bank of America analyst Lorraine...
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Nike Just Does It: Analyst Likes Favorable Risk Reward, Shift From Wholesale To DTC
Tuesday, May 11, 2021 - 5:22pm | 428Shoe, apparel and equipment company Nike Inc.'s (NYSE: NKE) direct-to-consumer (DTC) strategy shift and growth in China has an analyst paying attention. The Nike Analyst: Jefferies analyst Randal J. Konik upgraded shares of Nike to Buy and raised the price target from $...
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Kate Spade Looking Into Strategic Alternatives, Including Selling Itself
Thursday, February 16, 2017 - 12:16pm | 377Shares of apparel and fashion maker Kate Spade & Co (NYSE: KATE) jumped more than 10 percent on Thursday after the company confirmed what media reports have been suggesting over the past few months, namely the company is exploring a sale of itself. A Bloomberg report dated December 29, 2016,...
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Foot Locker's CEO Explains The Importance Of Brick And Mortar Retail
Wednesday, February 1, 2017 - 3:16pm | 325Dick Johnson, CEO of Foot Locker, Inc. (NYSE: FL) was a guest on CNBC to talk about the importance of maintaining a strong retail presence. According to Johnson, 90 percent of Foot Locker's customers interacts with the company digitally at some point during the shopping experience, yet the...
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Under Armour Crashes 25% Following Q4 Report
Tuesday, January 31, 2017 - 9:10am | 404Shares of Under Armour Inc (NYSE: UAA) tanked more than 25 percent Tuesday morning after the company reported fourth quarter results. Under Armour earned $0.23 per share in the fourth quarter on revenue of $1.3 billion. Wall Street analysts were expecting the company to earn $0.25 per share on...
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Why Under Armour Stock Is Tumbling
Tuesday, October 25, 2016 - 10:42am | 298Under Armour Inc's (NYSE: UA) earnings report sent the stock tumbling more than 12 percent despite the company reporting a top-and-bottom-line beat and reaffirming its prior full year 2016 sales and operating income guidance. Lindsay Drucker Mann of Goldman Sachs pointed out several...
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Under Armour: Pursuing Anything, But Not Everything
Tuesday, September 13, 2016 - 1:35pm | 351Jonathan Komp, an analyst at Baird, recently met with Under Armour Inc (NYSE: UA)'s Chief Financial Officer Chip Molloy and Director of Investor Relations Carrie Gillard. Komp stated in a research report following the meeting that he believes Molloy will bring a "disciplined approach to...