I upgrade Nike to a ‘Buy’ rating ... revenue growth, with wholesale and Nike Direct revenue dropping by 7% and 12%, respectively, due to weak consumer sentiment and China market.
Apple (NASDAQ: AAPL) and Nike (NYSE: NKE) are two of the most iconic American brands. Apple is the country's top smartphone maker and the world's most valuable company. Nike is the world's largest ...
These issues gained attention when it was revealed that Nike was benefiting from cheap labor in countries like China, Indonesia, and Vietnam and exploiting workers for profit. The company had ...
Nike (NYSE: NKE) was once a surefire moneymaking machine for shareholders. The global sportswear leader produced a monster total return of 3,600% in the 20-year period that ended November 2021, almost ...
Apple is still growing, but it needs more long-term catalysts. Nike is struggling, and it could face even more headwinds in the future. But over the past five years, Apple's stock quadrupled while ...
However, Nike isn't as cheap as you might expect considering how far the stock has fallen from its peak during the pandemic. With its earnings per share continuing to fall, Nike now trades at a ...
He said Nike's naming of former president of Amazon Fashion, Muge Erdirik Dogan, as chief technology officer in November 2023, bodes well for a potential relationship. "Restoring wholesale ...