Adidas Could Benefit From Nike's Innovation Struggles, Morgan Stanley Says [Yahoo! Finance]
Nike, Inc. (NKE)
Last nike, inc. earnings: 3/24 04:15 pm
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Source: Yahoo! Finance
(Bloomberg) -- Sports footwear fashion trends are swinging to Adidas AG's favor amid product innovation struggles by rival Nike Inc., according to Morgan Stanley analysts. Most Read from Bloomberg Israel Versus Iran — What All-Out War Could Look Like Apple Faces Worst iPhone Slump Since Covid as Rivals Rise Iran's Attack on Israel Sparks Race to Avert a Full-Blown War Singapore PM Lee to Hand Reins to Wong After Two Decades Iran's Missile Barrage Was an Error Israel Can Gain From Evolving trends are seeing people trade their chunky basketball sneakers which have helped build the Nike brand for more casual, gum rubber-soled terrace style Adidas sneakers, analysts including Edouard Aubin and Grace Smalley said. The broker double upgraded its recommendation on the German stock to overweight from underweight and lifted its price target to €235 from €175. Shares jumped 4.0% to close at €204.20 in Frankfurt. “Our recent round of channel checks showed a notable inflection
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NKE
News
- Jason Day changed more than his apparel. Here's how he became a stakeholder in Payntr Golf Footwear [USA TODAY]USA TODAY
- Retail Intel: Skechers Opens Its First Store in Brussels + More [Yahoo! Finance]Yahoo! Finance
- Steve Madden's ‘Cautious' Wholesale Customers Expected to Factor Into Q1 Results Next Week [Yahoo! Finance]Yahoo! Finance
- The 25 Best Sportswear Brands in the World [Yahoo! Finance]Yahoo! Finance
- Zvelle Closes Women's Business, Becomes Men's Only Footwear Brand [Yahoo! Finance]Yahoo! Finance
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