GuruFocus.com34d agobearish
Nike Falls as Weak Outlook Offsets Earnings BeatChina sales remain a key concern as the company works through its turnaround plan.
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Stocktwits35d agobearish
NKE Stock Falls After-Hours — 12% China Sales Decline Overshadows Q4 Earnings BeatNike reported Q4 revenue of $11 billion, beating expectations of $10.85 billion.
Stocktwits40d agobearish
NKE Stock Slips On China Business Strategy ‘Misstep’ And ‘Surprise’ CFO Change Before EarningsBNP Paribas analyst Laurent Vasilescu called a reported plan by Nike to bar key Chinese distributors from selling products online starting in 2027 a “strategic misstep.”
Barrons.com60d agobearish
Lululemon Slumps on Earnings. Bargain Hunters Beware.It’s been easy to call a bottom in Lululemon Athletica in recent years–just keep waiting another day. The specialty athleticwear company, which had already dropped nearly 40% year to date alone before it reported fiscal first-quarter earnings after the bell Thursday, didn’t reward bargain hunters. The quarter itself was better than expected, but the full-year outlook was the culprit: Lululemon said it will earn between $10.95 and $11.15 a share on revenue that will be flat or down 1%, translating into $11 billion to $11.15 billion.