Nike Stock finally get out of the woods?


Sutterstock via Nike, Inc_ Logo by- poetra_rh
Sutterstock via Nike, Inc_ Logo by- poetra_rh

Nike Stock (NKE), June 27 was better than 2025 earnings after 2025 earnings after 2025 earnings. Management sounded optimistic in Outlook because the Director General of the Outlook is becoming an intrigured form of Hill. In this article, despite the rally last week, Nike, which is red for this year, came out of the forest.

www.barchart.com
www.barchart.com

Let’s go to Nike’s Q4 earnings to get started. The company’s revenues fell to $ 11.1 billion in terms of annual compared to $ 11.1 billion, but the results were better than the management of the company, “Although medium young people are in moderate, sales reduction” is better than the management of the company. The number came ahead of 10.72 billion dollars he expected analysts.

More than 86% of the company’s earnings per share fell to $ 0.14 per year, but reached $ 0.01 from street assessments. Hill acknowledged that the Q4 results fits the company’s expectations, “not in accordance with Nike standards.”

The company in the current quarter is waiting for the sale of “average figures” and the total edges to sign a contract between 350-425 key points. Nike, due to the uncertainty of the tariff, did not lead to the existing financial year. However, pointing to the pipeline of the products, the hill said: “I see a way open to recovery.” He added: “From here, we expect our work result will improve. It is time to turn the page.”

www.barchart.com
www.barchart.com

Here are other keyways from Nike’s Q4 report

  • Restoration in China will be longer: During the recommendation call, Hill Asia Pacific and Latin America (APLA) recovery in China’s recovery in China “longer due to unique features of the market.” China has become a difficult market for car companies to focus on car companies, fast food or smartphones.

  • Tariff effect: Nike, the current tariff regime will increase $ 1 billion in total costs in the current fiscal year, he said. This number does not think recently recently considered the price increase. By the end of this fiscal year, there are changes in the source strategy because China imports plan to reduce changes from 16% to “high-single digits” of “high-single digits”.

  • Turnaround expenses rose to the top: CFO Matt Friend, Q4 “The biggest financial effects” reflects the greatest financial effect on the Turnaround plan. The company sees another 75 major points to start the pressure, moderation, and to start moderating and influencing this fiscal year. It should be noted that the company cut the costs as part of the return, his friend continues to be a priority of the brand brand brand by sports and stabilization.

  • Inventory cancellation: Nike will continue to cancel the supply in the first half of the current fiscal year and target the “a healthy and clean market” until the end of the financial year.

  • Wholesale strategy pays: Pivot pays Pivot to Singing Nike and its strike book, in North America, APLA and Europe, the Middle East and Africa (EMEA) are higher than the previous year compared to the Middle East and Africa (EMEA).



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *