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-0.000720720720720705 -0.000463063063063072 -0.0018018018018017 -0.00162162162162155 0 0 0 0
Stock impact report

3 Reasons to Sell NKE and 1 Stock to Buy Instead [Yahoo! Finance]

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: Yahoo! Finance
This may have investors wondering how to approach the situation. Is now the time to buy Nike, or should you be careful about including it in your portfolio? Check out our in-depth research report to see what our analysts have to say, it's free Why Do We Think Nike Will Underperform? Despite the more favorable entry price, we don't have much confidence in Nike. Here are three reasons there are better opportunities than NKE and a stock we'd rather own. 1. Declining Constant Currency Revenue, Demand Takes a Hit We can better understand Consumer Discretionary - Footwear companies by analyzing their constant currency revenue. This metric excludes currency movements, which are outside of Nike's control and are not indicative of underlying demand. Over the last two years, Nike's constant currency revenue averaged 4.4% year-on-year declines. This performance was underwhelming and implies there may be increasing competition or market saturation. It also suggests Nike might have to Show less Read more
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