Expecations for the German sports goods maker are high, and factored into its share price, ahead of its Wednesday results. Adidas AG will publish its fourth quarter and full year results Wednesday, with pressure on the sportswear giant and Nike rival to deliver a something akin to a personal best in order to maintain momentum that has propelled the stock 65% higher over the past year.
Category: Nike
Can Under Armour Get Back in the Game?
If Under Armour , shareholders didn’t have bad luck, they wouldn’t have any luck at all. UAA shares are down around 30% year to date and more than 50% in the last 12 months.
Why Nike Really Lets You Design Your Own Sneakers
When we lauded Nike in our first World’s Most Innovative Companies issue in 2008, it was in part because of Nike iD, a then-revolutionary way for its customers to imprint personalized designs onto Nike sneakers. The inclusion of “iD studios” in Niketown stores pointed toward the increasing theatricality required in retail, while iD capability on nike.com reflected the explosive potential of digital commerce.
Why Nike Really Lets You Design Your Own Sneakers
When we lauded Nike in our first World’s Most Innovative Companies issue in 2008, it was in part because of Nike iD, a then-revolutionary way for its customers to imprint personalized designs onto Nike sneakers. The inclusion of “iD studios” in Niketown stores pointed toward the increasing theatricality required in retail, while iD capability on nike.com reflected the explosive potential of digital commerce.
Nike is Ready to To Rally – Buy the Breakout Now
Nike shares have been making a series of lower highs and lower lows since the end of 2015, and the price action has formed a large declining channel. The stock price has recently penetrated the downtrend line of the channel and the pattern price projection targets a potential move back up to the all-time highs.
On the Comeback Trail: Nike
Nike was the Dow’s biggest loser in 2016, but there are indicators suggesting 2017 could be a rebound year. Nike was the worst performing stock on the Dow in 2016, falling about 19%, according to S&P Global Market Intelligence, but there are indications that the sports apparel behemoth is making a comeback even as competitors falter.
Jim Cramer — Border Tax Issues Boosting Retail, for Now
Retail stocks including Walmart , PVH Corp. , Best Buy , Nike are on the move Tuesday after President-elect Donald Trump said the U.S. dollar is too strong and the proposed Border Adjustment Tax is “too complicated.” What should investors infer? That perhaps the potential import tariffs or other border taxes will be more difficult to institute than previously thought, TheStreet’s Jim Cramer, co-manager of the Action Alerts PLUS portfolio , said on CNBC’s “Stop Trading” segment.
J.C. Penney Stock Jumps on Nike Partnership
Shares of J.C. Penney were rallying almost 4% in Tuesday morning trading after announcing that it will include Nike shops in more than 600 of its stores. The Plano, Texas-based company will dedicate 500 square feet to Nike products within a “prominent” location of the men’s department, according to a statement by J.C. Penney.
Nike, Under Armour Invade NYC
The world’s largest sports apparel brands are in the midst of an arms race in New York City. Nike , Adidas and Under Armour have each opened, or committed to opening, massive flagship stores in Manhattan in recent months, as the industry shifts from traditional third-party retail to direct sales.
Why Nike CEO Says “Less Is More”
For the year, Nike stock dropped 19%, making it the worst-performing stock of the Dow. The lackluster year has left investors wondering how the company will fix the issues that have worried Wall Street — namely slower-than-expected-sales growth as well as higher input costs and inventory issues that have decreased gross margin and earnings potential.
Nike Beat Estimates, so Why Didn’t Its Stock Rise?
Still, Wall Street didn’t give the company much credit and the stock stayed flat following the earnings release. Here’s why the market remains restrained and why that could mean the buying window into this great long-term play has been extended.
WBA, SBUX, NKE: Jim Cramer’s Views
Jim Cramer shares his views every day on RealMoney . Click here for a real-time look at his insights and musings.
Dow Draws Closer to 20,000 Milestone as Stocks Rise Broadly
The Dow Jones Industrial Average draws closer to clinching the 20,000 milestone on Tuesday as it trades intraday above its all-time closing high. The Dow Jones Industrial Average drew closer to clinching the 20,000 milestone on Tuesday as it traded intraday above its all-time closing high.
It Could Be Turnaround Time for Nike
Let’s check the charts and indicators. In this 12-month daily chart of NKE, above, we can see a pattern of lower lows and lower highs all year.
3 Things to Watch in the Stock Market This Week
Stocks rose last week, continuing their late-year rally despite the Federal Reserve’s decision to boost interest rates for just the second time since the Great Recession. The Dow Jones Industrial Average With just a handful of trading days left, Nike is the Dow’s worst-performing stock in 2016 — sporting a double-digit decline compared to a 13% surge in the index.
Better Buy: Nike Inc vs. Under Armour Inc
Just over a week ago, fellow Fool Joe Tenebruso — who has an excellent track record with his investments — wrote an article with the exact same title. In it, he concluded that Under Armour .