Nike (NKE) worldwide future orders ex-currency up 0%
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Nike (NKE) PT Lowered to $69 at DA Davidson Following 4Q Beat; 'FY18 Guidance Calls for Continued Growth Despite Formidable $700M FX Headwind
July 3, 2017 8:55 AM EDTDA Davidson lowered its price target on Nike (NYSE: NKE) to $69.00 (from $70.00) while maintaining a Buy rating, following the company's fourth quarter earnings announcement.
Analyst Andrew Burns notes the company delivered fourth quarter earnings per share and revenues above consensus estimates, while management... More
Nike (NKE) PT Raised to $64 at UBS Following 4Q EPS Beat
June 30, 2017 7:38 AM EDTUBS raised its price target on Nike (NYSE: NKE) to $64.00 (from $62.00) while maintaining a Buy rating. Nike beat F4Q EPS estimates with $0.60 compared with the Street's $0.50, on mixed quality.
NKE did the right thing by guiding FY18 revenues below its LT... More
Nike (NKE) PT Raised to $69 at Deutsche Bank; Reiterates Buy
June 30, 2017 6:55 AM EDTDeutsche Bank raised its price target on Nike (NYSE: NKE) to $69.00 (from $63.00) while maintaining a Buy rating. cFX revenue is forecast to up MSD-HSD and core GPM expansion is trending above plan.
Deutsche Bank's FY18 and FY19 EPS estimates go to $2.37 and $2.76, respectively (from $2.36 & $2.75).
... MoreNike (NKE) sees FY18 revenue growing mid-high single digits
June 29, 2017 5:49 PM EDTNike (NYSE: NKE) sees FY18 revenue growing mid-high single digits. Sees Q1 sales unchanged.
... MoreNike (NKE) Confirms Deal with Amazon (AMZN)
June 29, 2017 5:15 PM EDTOn its call, Nike (NYSE: NKE) CEO Mark Parker confirmed a deal to sell a limited amount of shoes on Amazon (NASDAQ: AMZN).
... MoreNike to launch pilot program with Amazon; results top estimates
June 29, 2017 4:31 PM EDT(Reuters) - Nike Inc (NYSE: NKE), the world's largest footwear maker, said on Thursday it would launch a pilot program with Amazon.com Inc (NASDAQ: AMZN) to sell a limited product assortment on its website.
Shares of the Dow component, which also reported quarterly profit and sales that topped estimates, were up 8.2 percent at $57.54 in trading after the bell.
Nike's comments confirmed an earlier report, which said the footwear maker was seeking to directly sell its products on... More
Nike (NKE) Tops Q4 EPS by 10 Cents
June 29, 2017 4:16 PM EDTNike (NYSE: NKE) reported Q4 EPS of $0.60, better than the analyst estimate of $0.50. Revenue for the quarter came in at $8.7 billion versus the consensus estimate of $8.63 billion.
NIKE continues to create both near-term wins in todays dynamic environment and a lasting foundation for... More
