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Nike Earnings Show What H2 Should Look Like for Manufacturers, Retailers

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IntroductionNike's Q4 earnings showed a slight miss in EPS estimates but exceeded revenue estimates, driven by d ...

  • Nike's Q4 earnings showed a slight miss in EPS estimates but zfx Shanhai Securities official website entranceexceeded revenue estimates, driven by direct-to-consumer growth.
  • The report signals significant headwinds for the US economy, including rising expenses and shrinking margins.
  • These factors may impact upcoming earnings for retailers and manufacturers.

) from last Thursday.

figures released on that same Thursday morning.

Nike Earnings Show What H2 Should Look Like for Manufacturers, Retailers


Source: InvestingPro

    Source: InvestingPro


    Source: InvestingPro

    Source: InvestingPro

    Source: InvestingPro

    Source: InvestingPro

    ) and Macy’s (NYSE:) — which contradicts its strategy of focusing on its thriving direct-to-consumer division.

    remain key, I suggest keeping an eye on the Fed’s balance sheet as well.

    Still, Is Nike a Buy?

    Source: InvestingPro

    Source: InvestingPro

    Nike's mixed outlook is clearly shown in its Financial Health Score.

    Source: InvestingPro

    Still, in a general overview, InvestingPro still prices more upside than downside for the athletic apparel giant.Source: InvestingPro

    By the way, InvestingPro users can dig in even deeper on all of Nike's latest statements —such as 10-K, 10-Q, 8-K, and earnings. Try it out for a free week now!

    Bottom Line

    Disclosure: The author owns Nike stock for the long run.

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