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Skechers Fires Back At Nike Lawsuit With Ad, Calls Company A 'Bully'
Friday, October 18, 2019 - 11:34am | 411Skechers USA Inc (NYSE: SKX) is no stranger to engaging in legal battles with its footwear competitors. The latest spat has Nike Inc (NYSE: NKE) suing the company, alleging Skechers is selling "Skecherized" versions of some of Nike's most popular silhouettes, including ...
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Basketball Court: Nike Sues Skechers
Tuesday, October 1, 2019 - 3:14pm | 460Skechers USA Inc (NYSE: SKX) is no stranger to legal battles with its footwear competitors. Its latest dispute is with Nike Inc (NYSE: NKE), after the world’s largest sportswear company alleged Skechers ripped off two of its most popular shoe models, the VaporMax and AirMax 270. In a patent...
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Bernstein Turns Incrementally Bullish On Nike
Friday, June 29, 2018 - 8:41am | 375Nike Inc (NYSE: NKE) reported a strong earnings beat in its fiscal fourth- quarter, which initially sent shares above its 52-week high. But shareholders late to buy the stock could still see returns from current levels. The Analyst Bernstein's Jamie Merriman maintains an Outperform rating on...
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Nike Gets A Boost During Investor Day; Sees Mid-Teen Earnings Growth Over Next 5 Years
Wednesday, October 25, 2017 - 1:16pm | 396Nike Inc (NYSE: NKE) spiked higher during the course of its investor day Wednesday, as CEO Mark Parker delivered his five-year vision and intentions for progress. Parker guided for earnings growth in the mid-teens and digital sales growth from 15 percent to 30 percent. Nike expects to achieve these...
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Nike Guidance Is Here, And It's Not As Bad As We Thought
Friday, June 30, 2017 - 10:16am | 506Nike Inc (NYSE: NKE) reported an encouraging fiscal fourth-quarter earnings report after Thursday's market close, but as is the case with the footwear and apparel company, management only offers guidance during its post earnings conference call. But once management issued its full year guidance for...