Nike Inc (NKE)

Nike Inc (NKE)

Postby iam802 » Fri Sep 23, 2011 11:36 pm

Nike Surges After Raising Revenue Forecast

http://www.bloomberg.com/news/2011-09-2 ... -2012.html

Nike Inc. (NKE), the world’s largest sporting-goods maker, advanced as much as 6.8 percent after profit topped analysts’ estimates and it raised a sales forecast amid concern that the global economy is weakening.
Nike rose $5.12, or 6 percent, to $89.30 at 10:08 a.m. in New York Stock Exchange composite trading. The shares had fallen 1.5 percent this year through yesterday.

Net income in the quarter ended Aug. 31 rose 15 percent to $645 million, or $1.36 a share, from $559 million, or $1.14, a year earlier, the Beaverton, Oregon-based company said yesterday in a statement. Earnings topped the $1.21 a share projected by analysts, the average of 18 estimates. Nike’s profit has surpassed analysts’ projections in 20 of the past 21 quarters.

Chief Executive Officer Mark Parker has been trying to overcome rising costs for raw materials and transporting goods by cutting operating expenses. Nike’s gross margin, the percentage of sales left after the cost of goods sold, narrowed by 2.7 percentage points, less than the company’s projection for a 3 percentage point decline.

“This is a fantastic quarter,” Camilo Lyon, an analyst for Canaccord Genuity Corp. in New York, said yesterday. “Nike understands how to reach the consumer with relevant product, and this is further evidence of that.”
Lyon has a “hold” rating on Nike shares.

Orders Rise
Revenue this fiscal year will increase in the low- to mid- teen percentage range, Chief Financial Officer Don Blair said yesterday on a conference call with analysts. The company forecast high-single to low-double digits in June.
Gross margin for the quarter fell less than forecast as Nike’s direct-to-consumer unit performed better than expected with same-store sales increasing 17 percent, Blair said on the call. Gross margins may narrow as much as 2 percentage points in the second quarter before improving in the second half of the fiscal year, he said.

Orders for the Nike brand scheduled for delivery from September to January increased 13 percent, excluding currency fluctuations, according to the statement. That topped the average of six analysts’ estimates compiled by Bloomberg for a gain of 9.8 percent.

First-quarter revenue rose 18 percent to $6.08 billion. Analysts projected $5.75 billion, the average of 16 estimates. Sales in North America advanced 16 percent to $2.2 billion. Revenue from Nike brand apparel also gained 16 percent to $1.59 billion, or 30 percent of the brand’s total sales.

“They are the 800-pound gorilla in athletic footwear, and if they can become that in apparel, that’s a significant market opportunity for them,” Matt Arnold, an analyst at Edward Jones & Co. in Des Peres, Missouri, said yesterday in a phone interview. Arnold recommends buying Nike shares.

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Re: Nike Inc (NKE)

Postby iam802 » Sun Nov 18, 2012 9:17 pm

Nike is pretty focus on whether the acquisitions provide the needed ROI.

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Nike to Sell Cole Haan to Apax Partners for $570 Million

http://dealbook.nytimes.com/2012/11/16/ ... 0-million/
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Re: Nike Inc (NKE)

Postby winston » Sun May 17, 2015 6:15 am

not vested

“Sure Thing” Stock No 1 – The original king of “wearables”

As is often the case with “can’t miss” investment opportunities, the stock I want you to buy first needs no introduction.

The company was founded back in 1964, is widely regarded as a legitimate “game changer“ on many levels, and clocks in at No. 18 on the Forbes list of the world’s most-valuable brands.

Over the course of 50 years, the company’s forward-looking management has revolutionized how products are marketed to the young and old, including dramatic contributions to the evolution of television and multimedia brand marketing – and setting the standard for celebrity endorsements and high-profile partnerships. In the process, turning the formerly staid world of college sports on its head, while changing the way two generations of weekend warriors dress.

Since going public more than 30 years ago, the stock has earned investors a truly astonishing 30,000% percent on their original investment, including 3,000% in just the last 15 years alone. Making this stock one of the greatest investments in stock market history.

Of course, I’m talking about NIKE Inc. (NYSE: NKE), Phillip Night’s brainchild juggernaut out of Bearton, Oregon, USA. As if you don’t already know, NIKE is the world’s leading developer and marketer of footwear, apparel and equipment featured prominently in most every sport and leisure endeavor under the sun – from running to basketball, football, men and women’s training, golf, tennis, and action sports. Plus a range of products that can only accurately be categorized as “sportswear.”

The only question I can imagine you asking about investing in NIKE is “why now?” That’s a valid question. The flip answer is “better late than never.” The more meaningful answer is that there is every reason to believe the story is not nearly over – not by a long shot.

Just last month, Goldman Sachs featured NIKE on its list of companies positioned to profit off the millennial generation – and a stock millennials are investing in themselves – not bad for a stodgy 50-year-old company.

The company’s fundamentals are every bit as inspiring as its trademark slogans and “swoosh.” As usual, NIKE delivered blowout third-quarter results in March, reflecting growth in key categories and across the globe. Bottom-line earnings handily beat expectations, coming in a $0.89 per share, a 19% jump year-over-year. Marking the 11th straight quarter the company has exceeded Wall Street’s already lofty earnings expectations.

Margins are among the strongest in the industry and growing, as are all-important free cash flows – allowing the company to bump its generous dividend payout for 13 consecutive years. In short, one of the most innovative companies in the history of U.S. capitalism is firing on all cylinders.

As for competition from upstart Under Armour, I love that company, too. In my view the competition is a plus – and will only spur Nike to keep up its tradition of innovation. As an added bonus for a potential “forever” stock, there is a near-term catalyst for NIKE shares. President Obama recently visited the company’s Oregon headquarters to drum up support for his controversial Trans-Pacific Partnership trade deal. Let’s just say he was preaching to the choir.

Like other apparel makers who manufacture offshore, NIKE pays massive amounts in annual import tariffs. Should the deal pass, NIKE’s already-robust earnings will get a serious shot in the arm.

All of which, when combined with rock-solid management, an absolutely bulletproof balance sheet, and an equally bright future looking out generations, make NIKE a strong buy, even at today’s historic highs.

Source: Smart Talk
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Re: Nike Inc (NKE)

Postby winston » Wed Jun 17, 2015 7:09 pm

not vested

Top Stocks #3: Nike (NKE)

by Charles Payne, Editor

Nike (NKE) is an iconic American brand. It’s the global leader in athletic footwear and apparel, and it also makes sports equipment. Everyone is very familiar with the swoosh, the company’s “Just Do It” slogan, its “Air” shoes, and its sponsorship of world famous athletes like Michael Jordan, LeBron James, Rory McIlroy and others.

The stock has done well, gaining nearly 40% during the past 12 months, including 8% so far in 2015 vs. a flat broader market.

But I see a lot more to come over the long term for several reasons:

Management is just outstanding. Nike executes well and has an amazing ability to stay new, fresh and current.

The company really has only one global competitor, Adidas, and is crushing it. Nike is also expanding its international presence.

Nike’s brand has reached the level of a status symbol. Owning Nike merchandise is truly a symbol of Americanism — a tailwind the company should continue to ride for years to come.

Add it all up, and I expect growing consumerism around the world, superb management and product innovations (like wearables) to keep Nike moving higher over the long term.

Source: Smart Talk
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Re: Nike Inc (NKE)

Postby winston » Mon Jul 20, 2015 6:55 pm

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7 Consumer Stocks Primed For Growth: Nike (NKE)

Another iconic global brand is Nike (NKE). And just like its entertainment brethren, NKE is the dominant name in the sports shoe and apparel sector.

This juggernaut continues to expand its brand in both developed and emerging markets, even going after its competitors’ most sacred niches.

For the fiscal year ended May 31, NKE grew sales 10% for the year — a pretty tough year for most economies and consumers if you recall — and sales weren’t hurt by the strong dollar.

Sales in Western Europe were up 21% and China sales were up 19% — two of the hottest regions for NKE despite economic struggles in both regions. That bodes very well for the future as these economies get back on track again.

Direct to consumer sales were up almost 30% for the year and with them, gross margins also increased.

All this is very good news in a tight market and it’s no surprise the stock is up 45% in the past year.

Just bear in mind it’s holding a price-to-earnings ratio of 30 now, so it’s fully priced. But given its record of success, healthier global growth should boost those earnings pretty quickly.

Source: Investor Place
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Re: Nike Inc (NKE)

Postby winston » Sun Sep 13, 2015 6:36 am

Growth and Innovation Make Nike a Huge Buy Today (NKE)

Nike remains the world's preeminent sportswear company and stock

By Louis Navellier

Source: Blue Chip Growth

http://investorplace.com/2015/09/nke-ni ... fSl09IirIU
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Re: Nike Inc (NKE)

Postby winston » Fri Sep 25, 2015 8:59 am

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Nike 1Q Earnings Up 23%

Nike announced the first-quarter results.

Helped by higher prices and a lower tax rate, net profit gained 23% from US$962 million or US$1.09 per share in the year-ago period to US$1.18 billion or US$1.34 per share.

Revenue climbed 5.4% to US$8.41 billion, topping the estimates of US$8.22 billion.

Excluding certain items, EPS was US$1.34, higher than the expectations of US$1.19.


Source: AAStocks Financial News
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Re: Nike Inc (NKE)

Postby winston » Sun Sep 27, 2015 8:08 am

Stocks to Buy: Nike (NKE)

Nike (NKE) continues to reinforce that it’s the mother of all consumer sports brands and one of the best stocks to buy right now.

In its most recent quarterly numbers, Nike schooled competitors on how to grow internationally, even when growth is tepid at best.

Yes, SKX is throwing around impressive growth numbers, but from a relatively small base. NKE is more than 10 times bigger than SKX and has been around a lot longer.

Whatever growth NKE earns will be to the benefit of smaller competitors like SKX. But that doesn’t mean NKE is trailblazing and its competitors will be the true beneficiaries. NKE is a status symbol of enduring quality and performance. It’s not a hip flash in the pan.

Put it this way: While many companies are trying to find strategies for going into foreign markets and succeeding, NKE is already there dominating and growing.

And raising prices.

There are few better growth stocks to buy than NKE.

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Re: Nike Inc (NKE)

Postby winston » Thu Oct 01, 2015 8:17 pm

Sports-apparel company Nike jumps 24% over the past five months.
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Re: Nike Inc (NKE)

Postby winston » Sun Oct 18, 2015 11:48 am

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Large-Cap Stocks: Nike (NKE)

Nike (NKE) has become the Rodney Dangerfield of the athletic market: It just can’t get any respect.

This massive blue-chip consumer stock continues to knock earnings out of the park — even in a slow-growth world, it’s finding ways to gain market share and grow revenues — but analysts continue to be obsessed with its small competitor Under Armour (UA).

The logic seems to be, “If NKE is doing this well, imagine how well UA will do; buy UA.” But don’t fight the tape … just buy NKE.

How well is it doing? Last month’s earnings release for FY2016 were impressive: China growth was up 22% after currency adjustments. were only expecting about 15% growth.

NKE trounced earnings expectations as well. And best of all, margins continue to rise. That means NKE was able to raise prices and sell more goods in weak global markets: Excluding currency effects, revenues were up 9% in the U.S., 14% in Western Europe and 26% more in Central Europe.

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