Analysts Cautious About Nike Ahead of Q4 Earnings Report Next Week [Yahoo! Finance]
Wolverine World Wide, Inc. (WWW)
Last wolverine world wide, inc. earnings: 4/22 06:30 am
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Source: Yahoo! Finance
Vince Drives Better Profitability Amid Sales Decline In Q1 Nike Increases Paid Parental Leave to 16 Weeks for All US Employees Analysts are skeptical about Nike's potential to show improvement in the short term. Ahead of the company's fourth quarter earnings report next week, analysts noted that sales trends for the Swoosh could remain challenged through the remainder of the fiscal year — and potentially beyond that. In its third quarter reported in March, the athletic giant reported revenues of $12.4 billion, ahead of the $12.28 billion expected. Net income was down 5 percent to $1.2 billion and diluted earnings per share was 77 cents, which included 21 cents per share of restructuring charges. This was ahead of the 74 cents expected by analysts. Nike said at the time it expected Q4 revenue to be up slightly and for full year revenue to be up 1 percent compared to the prior year. In a Wednesday note, Williams Trading analyst Sam Poser cautioned investors to not “expect Nike
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Earnings
- 5/8/24 - Beat
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Sec Filings
- 5/31/24 - Form SD
- 5/30/24 - Form 4
- 5/14/24 - Form 4
- WWW's page on the SEC website