Nike Reports Earnings Thursday. Don’t Expect a Beat.

Barron's2021-06-23

When Nike reports fiscal fourth-quarter earningson Thursday, investors won’t just be looking for a beat. They’ll also be looking for signs of digital sales growth, improvements in supply chain ...

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Comments

boboyotig
2021-06-28
boboyotig
It's at peak
Phyusin
2021-06-26
Phyusin
Buy
KHW
2021-06-25
KHW
Hmm
sunshine138
2021-06-25
sunshine138
UP Up and away [美金] [美金]
ruuderay
2021-06-25
ruuderay
? post market
fishfire
2021-06-25
fishfire
Forced labour issue might be just a speculating tactic by some big fund, so that they can grab the stock price as low as possible. [無語]

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Don’t Expect a Beat.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 17:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/nike-earnings-preview-51624392988?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When Nike reports fiscal fourth-quarter earningson Thursday, investors won’t just be looking for a beat. They’ll also be looking for signs of digital sales growth, improvements in supply chain ...</p>\n\n<a href=\"https://www.barrons.com/articles/nike-earnings-preview-51624392988?siteid=yhoof2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NKE","symbol_name":"耐克","start_time":0,"source_url":"https://www.barrons.com/articles/nike-earnings-preview-51624392988?siteid=yhoof2","article_id":"1189714454","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1189714454","pubTimestamp":1624440264,"sourceInfo":{"source_id":"lsy1610680873436","name":"Barron's"},"weMediaInfo":null,"summary":"When Nike reports fiscal fourth-quarter earningson Thursday, investors won’t just be looking for a b","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NKE":"耐克"},"translate_title":"耐克周四公布财报。别指望有节拍。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NKE":0.9},"content_text":"When Nike reports fiscal fourth-quarter earningson Thursday, investors won’t just be looking for a beat. They’ll also be looking for signs of digital sales growth, improvements in supply chain execution, and, critically, assurance thatgeopolitical risks in China can be contained.\nNike (ticker: NKE) is expected to report a profit of 51 cents during its fiscal fourth quarter after losing 51 cents during the same quarter one year ago. Sales are expected to rise to $11.08 billion, up from $6.3 billion one year ago.\nHitting its numbers won’t be the biggest challenge for Nike, however. Back in March, in response to allegations of using forced labor, Nike announced that it would review its supply chain to assess risks related to the Xinjiang Uyghur Autonomous Region. Subsequently, the company released a statement affirming its code of conduct and confirming it “has not found evidence of employment of Uyghurs.” The move prompted widespread calls to boycott the brand in China, and the boycott may have had an impact: A report from Morningstar found that Nike’s Tmall e-commerce storefront experienced sales declines of 59% in April compared with the previous year.\nAll of this has added a layer of complexity for investors to consider. China has increasingly become an important part of Nike’s future; between 2015 and 2020, China went from accounting for 11% of revenue up to 19%, and it remains one of the fastest-growing regions, consistently outpacing the company’s global top-line growth rate by twofold. Because of the issue, Nike could take a conservative approach to fiscal 2022 guidance, according to UBS analysts, who also lowered fourth-quarter revenue growth projections in China from 25% to 8%.\nChina isn’t the only issue facing Nike. 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[無語]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126284334","repostId":1189714454,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":69,"commentSize":22,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1189714454"}