Nike's struggles don't define athleisure sector: Analyst [Yahoo! Finance Canada]
Nike, Inc. (NKE)
Last nike, inc. earnings: 3/24 04:15 pm
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Source: Yahoo! Finance Canada
leaders like Nike ( NKE ) and Lululemon ( LULU ) showing signs of pressure. KeyBanc Capital Markets Assistant VP of Equity Research Ashley Owens joins Market Domination to discuss broader trends within this dynamic sector. Regarding Nike, Owens emphasizes that investors should focus on how the company can regain its competitive edge and "start to win again." She views the appointment of a new CEO as a positive step, but cautions that improvement "is not something that's gonna happen overnight." Despite Nike's current challenges, Owens maintains that these issues don't necessarily reflect the broader athleisure market, asserting that there isn't much fundamentally wrong with the sector as a whole. Addressing the rising competition in athleisure, Owens points out, "The up-and-coming companies like On Holding ( ONON ) and Deckers ( DECK ) are doing very well, and there's no secret about that. I think what's been key for them and what's crucial again in this space to really stay compe
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NKE
News
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- Jim Cramer Pushes For Strategic Price Cuts Among Companies Amid Inflation Worries: 'It May Be Time For A Giant Reset' [Yahoo! Finance]Yahoo! Finance
- Timeline – Sri Lanka's economic crisis and the apparel sector [Yahoo! Finance]Yahoo! Finance
- Nike Earnings Summary: Did The CFO 'Kitchen Sink' The Quarter For Elliott Hill? [Seeking Alpha]Seeking Alpha
NKE
Earnings
- 10/1/24 - Beat
NKE
Sec Filings
- 10/1/24 - Form 8-K
- 9/20/24 - Form 8-K
- 9/19/24 - Form 4
- NKE's page on the SEC website