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Stock impact report

The bar is finally low enough for Nike, analyst says. These big events could help the stock this year. [MarketWatch]

Deckers Outdoor Corporation (DECK) 
Last deckers outdoor corporation earnings: 1/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.deckers.com
Company Research Source: MarketWatch
However, the stock was still down 34.9% over the past 12 months. “We have been Neutral on the stock for several years, as our concerns around the recovery in China and elevated expectations offset our view of a strong brand,” the BofA analysts said in a research note on Thursday. “One of the key changes of late has been management's acknowledgement of the lack of innovation. To fix it, management restructured and reorganized and will focus on newness.” The BofA analysts also said that earnings-per-share estimates for Nike's fiscal 2025 have fallen 35% over the past two years. But in the process, those estimates “finally look achievable,” the analysts said. Advertisement Demand for shoes and clothes has suffered as prices for more crucial things, like groceries, stay high. Nike in December said it would try to cut up to $2 billion in costs over the next three years, and cited a “softer” sales outlook. It has tried to expand its Jordan brand, focus on female customers and push n Show less Read more
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