Nike is about to report earnings. Here's everything you need to know

  • 📰 CNBC
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Nike is expected to benefit as rival sneaker maker Adidas is facing supply chain issues this year.

div > div.group > p:first-child"> Here's what analysts are expecting, based on a poll by Refinitiv:

Looking for pockets of growth, Nike has said it plans to invest more in apparel and women's products in the future. For women, it's launching more items like yoga pants and sports bras in expanded sizes. Overall, most of Nike's sales growth continues to come from overseas, in markets like China, as North America remains saturated with competition from the likes of Adidas, Under Armour and Vans.

"We foresee continued share erosion [at Adidas] due to Nike's superior product platform," Jefferies analyst Randal Konik said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Brexit fears; Levi's IPO; Nike earningsToday’s top business headlines with ChristineRomans: - Federal Reserve signals no rate hikes in 2019 - US-China trade talks resume next week - Ford to build electric cars in Michigan - Oil hits $60 per barrel for first time since November ChristineRomans ChristineRomans These are YESTERDAY'S business headlines. (I love when CNN pretends it's a business network) Ms. Romans.....is your teleprompter broken? I guess you need a degree in Astrophysics to do this job. ChristineRomans And Malik Obama ....says Michelle is a Michael ...THATS WHY JOAN WAS KILLED
Source: CNN - 🏆 4. / 95 Read more »

Cramer Remix: Forget the stocks caught in the trade war crossfireJim Cramer reveals why Nike is an ideal investment that can do well with or without a trade deal. What ? They are the stocks with the most risk , and the greatest return.
Source: CNBC - 🏆 12. / 72 Read more »