What Wall Street Is Saying About Nike’s Q1 Win: Retail, China + More
Wall Street’s collective reaction was that Nike is showing progress, but headwinds mean it’ll take more time to work through the remaining challenges…
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Nike earnings beat analysts’ expectations — but CEO says ‘we still have work ahead’
Nike exceeded analysts’ expectations for its fiscal first quarter, but the company’s CFO warned that progress won’t be linear…
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Nike shares jump on leaner inventory, better margins outlook
Nike (NKE.N) shares climbed as much as 11% on Friday as the company further trimmed its inventory ahead of the all-important holiday shopping season and forecast improved second-quarter gross margin due to fewer discounts. The world’s largest sportswear maker has focused on reducing its inventory, bringing it down by 10% to $8.7 billion in the…
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Footwear firm On Holding gains amid M Science note on accelerating volumes
On Holding (NYSE:ONON) rose 5% amid an M Science note on increasing spending volume last month.DTC spending volumes accelerated in the U.S. and European Union in August, according to a M Science note.On Holding’s (ONON) short interest is 9.3%.
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