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-0.000170328734457469 0.000340657468915059 0 0.00017032873445759 0.00187020950434338 0.00153295861011758 0.00153295861011758 0.0015346618974621
Stock impact report

Nike And Its Usual Once-A-Year 10% Drop [Seeking Alpha]

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: Seeking Alpha
China's ongoing weakness and aged inventory continue to weigh heavily on EBIT, offsetting North America's resilience. Encouragingly, NKE has halted recent market share losses, and even a moderate top line recovery could drive significant EPS rebound through operating leverage over the coming years. NKE valuation at 30x EV/EBIT and 34x P/E roughly reflects a 3% earnings yield, but increased risk and WACC around 10% justify a cautious stance. Thank you for your assistant/iStock Editorial via Getty Images As Nike, Inc. ( NKE ) fell more than 10% during after-hours and the day following its Fiscal Q2 report , wiping out $10 billion in market value, I could not help but This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of NKE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have Show less Read more
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