Adidas hikes 2018 profit outlook on top-end shoe success [Reuters]
Nike, Inc. (NKE)
Last nike, inc. earnings: 3/24 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.nike.com/home/default.aspx
Company Research
Source: Reuters
Adidas hikes 2018 profit outlook on top-end shoe success | Reuters 3 Min Read BERLIN (Reuters) - Adidas ( ADSGn.DE ) raised its 2018 profit forecast on Wednesday after selling more of its top-end sports shoes, although the German sportswear and fashion firm cut its revenue target due to a fall in sales in western Europe. Chief Executive Kasper Rorsted has focused on improving profitability at Adidas, which long lagged bigger rival Nike ( NKE.N ), since he took over in 2016, in part by simplifying product ranges and pushing ecommerce, where margins are higher. Shares in Adidas, which have gained 12 percent in the last year, were indicated up 1.9 percent after it said it expects its net income from continuing operations to grow 16 to 20 percent to between 1.66 billion to 1.72 billion euros ($1.90-1.97 billion), compared with previous guidance of 13 to 17 percent. But it cut its 2018 target for currency-neutral sales growth to between 8 to 9 percent from “around 10 percent”. While Ad
Show less
Read more
Impact Snapshot
Event Time:
NKE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NKE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NKE alerts
High impacting Nike, Inc. news events
Weekly update
A roundup of the hottest topics
NKE
News
- Zvelle Closes Women's Business, Becomes Men's Only Footwear Brand [Yahoo! Finance]Yahoo! Finance
- The History of Cole Haan: How the American Shoe Brand Became Part of Nike and Changed the Office Dress Code [Yahoo! Finance]Yahoo! Finance
- The new Hoka Skyward X is a super trainer — and maybe the brand's best shoe yet [CNN]CNN
- Why REI Co-op Is Doubling Down on Running Shoes and Exiting Its Branded Footwear Business [Yahoo! Finance]Yahoo! Finance
- The Best Tennis Shoes For Men, According To Players Around The Country [Forbes]Forbes
NKE
Earnings
- 3/21/24 - Beat
NKE
Sec Filings
- 4/4/24 - Form 10-Q
- 3/21/24 - Form 8-K
- 3/11/24 - Form 8-K
- NKE's page on the SEC website