Is Nike at Risk of Losing Its ‘Superpower’ Status? Here’s Why One Analyst Thinks It’s a Possibility
UBS analyst Jay Sole also thinks Nike needs to shrink the percentage of its fashion-driven sportswear business.
| Ticker |
NKE
|
| CIK | 0000320187 |
| SIC | 3021 |
| Sector | Manufacturing |
| Industry Category | Apparel |
| Industry Group | Rubber And Plastics Footwear |
| Address | ONE BOWERMAN DR, BEAVERTON, OR, 97005-6453 |
| Website | investors.nike.com |
| Phone | 5036713173 |
| CEO | John J. Donahoe |
| Employees | 79,100 |
Our team will help you customize a package that meets the needs of your business.
Request a Consultation|
Standardized FinancialsdocsIntrinio provides professional-grade historical financial data. This data is standardized, cleansed and verified to ensure the highest quality data sourced directly from the XBRL financial statements. The primary purpose of standardized financials are to facilitate comparability across a single company’s fundamentals and across all companies fundamentals. For example, it is possible to compare total revenues between two companies as of a certain point in time, or within a single company across multiple time periods. This is not possible using the as reported financial statements because of the inherent complexity of reporting standards. Below is a preview of several data points from each financial statement, as well as a sample of our many calculated metrics: |
|||||||||||||||||||||
|
Income Statement
|
Balance Sheet
|
||||||||||||||||||||
|
Cash Flow Statement
|
Calculations
|
||||||||||||||||||||
|
Latest NewsdocsIntrinio provides up-to-date news articles on every US company from various sources. Here are several examples: |
Is Nike at Risk of Losing Its ‘Superpower’ Status? Here’s Why One Analyst Thinks It’s a PossibilityUBS analyst Jay Sole also thinks Nike needs to shrink the percentage of its fashion-driven sportswear business. HSBC Downgrades Nike to Hold as Turnaround Becomes a Show-Me Story With No Near-Term CatalystsNike (NYSE:NKE) stock is under pressure Monday morning after HSBC analyst Erwan Rambourg downgraded Nike to Hold from Buy, slashing his price target from $90 to $48. The stock is trading around $42, already below the new target, and is now down 33% year to date. The downgrade lands at a difficult moment. Nike has ... HSBC Downgrades Nike to Hold as Turnaround Becomes a Show-Me Story With No Near-Term Catalysts Nike Got Downgraded: Can the Iconic Brand Ever Recover?Nike stock just got hammered by a prominent analyst's report. Nike downgraded, Starbucks upgraded: Wall Street's top analyst callsNike downgraded, Starbucks upgraded: Wall Street's top analyst calls Nike’s innovation chief departs as leadership turnover continuesTurnarounds rely on innovation cycles, and the abrupt departure of Tony Bignell could be another sign that the retail giant isn’t out of the woods, one analyst said. |