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Stock impact report

Jim Cramer on Nike: “It's the Old Inventory That I Worry About” [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
“Next up, I like Thursday… After the close is the biggest night of the week when CNBC Investing Club position, Nike reports, and FedEx also issues its quarterly numbers. Now, I told people listening to the club call today that I think it's still too soon to make a big swing at Nike. I'm not doing that yet because the company was so messed up, much more than we thought before Elliott Hill came in, the new CEO, that was a year ago. But it's been that tough to turn around. I do like that we have the World Cup next year. A good showcase ahead. But it's the old inventory that I worry about.” Photo by Artem Podrez on Pexels NIKE, Inc. (NYSE:NKE) is an athletic and casual footwear, apparel, equipment, and accessories company that sells its products under brands, including Nike, Jordan, and Converse. It is worth noting that during the October 17 episode, Cramer said that he wants to “be a buyer, not a seller” of the stock. He commented: “Same deal with Nike. The previous CEO took a goo Show less Read more
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