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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.
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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