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Are We Sure Nike's Quarter Was That Great?

2015-09-28 23:07:13| Footwear - Topix.net

The headline number was the impressive growth in China, but was the reaction more towards Nike or simply market relief at a data point contradicting a Chinese collapse? Nike's full-year guidance still roughly corresponds with long-term targets, which don't necessarily support a P/E near 30. " Nike Sales Boosted By China " read the headline in the Wall Street Journal on Thursday evening, after Nike posted a blowout Q1 FY16 - and the WSJ wasn't the outlet to trumpet the impact of Chinese growth. Beyond China, the headline numbers were impressive, as Nike raced past analyst consensus for EPS and revenue and gapped up nearly 9% on Friday - a huge performance for a well-covered, $100 billion market cap, Dow component.

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After Nike's Outstanding Quarter, Here's The Bad News

2015-09-25 19:54:47| Footwear - Topix.net

On Friday, Nike reported another great quarter. The company grew revenue and earnings, and the stock jumped to $125 per share on the results.

Tags: news bad outstanding quarter

 
 

Nike's (NKE) CEO Mark Parker on Q1 2016 Results - Earnings Call Transcript

2015-09-25 07:11:50| Footwear - Topix.net

Welcome to NIKE's Fiscal '16 first quarter conference call. For those who need to reference today's press release, you'll find it at investors.nike.com.

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Nike's first quarter sales exceed Wall Street expectations

2015-09-25 00:57:40| Footwear - Topix.net

Nike sales were up 5 percent, profit exceed expectations and other key areas also showed improvement in the first quarter compared to last, the Oregon sports apparel company reported Thursday. "Fiscal 2016 is off to a great start," chief executive Mark Parker said in a news release.

Tags: sales street wall quarter

 

Nike's Newest Collaboration Solves Your Biggest Sneaker Problem

2015-09-14 19:43:24| Footwear - Topix.net

Since 2002, Acronym's Errolson Hugh has been creating high-tech solutions for getting dressed - borrowing from sportswear, military, and tailoring, his collections of articulated, weatherproof, experimental garments are among the most advanced made by any designer today. So naturally Nike wanted to team up, first on the relaunch of the brand's outdoorsy offshoot, ACG , and now on a sneaker collection.

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