$Nike(NKE)$ Nike posted a trip

$Nike(NKE)$ Nike posted a triple earnings beat (Sales, Revenue & EPS) on Tuesday after the markets closed.

Despite facing an increased headwind from the impact of tariffs (initial estimates were US$1 billion, had since been revised to US$1.5 billion), coupled with a declining business in China (revenue down 10%), its share price proceed to rise over 4% in post-market trading.

I personally entered the trade on Monday, with an expectation of an earnings beat, and have just sold in post-market, realising about 4% in profits overnight.

Nike Reports Quarterly Revenue Surprise

CEO Hill's turnaround effort is bearing fruit as Nike reported a surprise first-quarter revenue growth and a profit beat, rebuilding its position among wholesalers. The company's stock price rose about 3%, and its market share was affected by competitors. It cooperated with Kim Kardashian to launch a women's sports and leisure series. Inventory reduction efforts paid off, but higher North American tariffs affected product costs.

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JackQuant
10-03
JackQuant
Quick profis!👍

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The company's stock price rose about 3%, and its market share was affected by competitors. It cooperated with Kim Kardashian to launch a women's sports and leisure series. Inventory reduction efforts paid off, but higher North American tariffs affected product costs."}],"images":[{"img":"https://community-static.tradeup.com/news/e11516e454cd24b456d93349a139ea1e","width":"1122","height":"1737"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/e11516e454cd24b456d93349a139ea1e","width":"1122","height":"1737"}],"html":"<html><head></head><body><a href=\"https://ttm.financial/S/NKE\">$Nike(NKE)$&nbsp;</a> Nike posted a triple earnings beat (Sales, Revenue &amp; EPS) on Tuesday after the markets closed.\nDespite facing an increased headwind from the impact of tariffs (initial estimates were US$1 billion, had since been revised to US$1.5 billion), coupled with a declining business in China (revenue down 10%), its share price proceed to rise over 4% in post-market trading. \n\n\n\nI personally entered the trade on Monday, with an expectation of an earnings beat, and have just sold in post-market, realising about 4% in profits overnight.\n\n<img src=\"https://community-static.tradeup.com/news/e11516e454cd24b456d93349a139ea1e\" tg-width=\"1122\" tg-height=\"1737\"></body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/NKE\">$Nike(NKE)$&nbsp;</a> Nike posted a triple earnings beat (Sales, Revenue &amp; EPS) on Tuesday after the markets closed.\nDespite facing an increased headwind from the impact of tariffs (initial estimates were US$1 billion, had since been revised to US$1.5 billion), coupled with a declining business in China (revenue down 10%), its share price proceed to rise over 4% in post-market trading. \n\n\n\nI personally entered the trade on Monday, with an expectation of an earnings beat, and have just sold in post-market, realising about 4% in profits overnight.\n\n<img src=\"https://community-static.tradeup.com/news/e11516e454cd24b456d93349a139ea1e\" tg-width=\"1122\" tg-height=\"1737\"></body></html>","text":"$Nike(NKE)$ Nike posted a triple earnings beat (Sales, Revenue & EPS) on Tuesday after the markets closed. Despite facing an increased headwind from the impact of tariffs (initial estimates were US$1 billion, had since been revised to US$1.5 billion), coupled with a declining business in China (revenue down 10%), its share price proceed to rise over 4% in post-market trading. 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