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0.00180911743192761 -0.00142035215752907 -0.00633841012727632 -0.0101268036522666 -0.00821960865871252 -0.00799863873071096 -0.0154430801553643 -0.0161520745767599
Stock impact report

Nike's stock pullback to shave nearly 30 points off Dow's price after downbeat outlook [MarketWatch]

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: MarketWatch
Nike's stock pullback to shave nearly 30 points off Dow's price after downbeat outlook Nike Inc.'s stock NKE, -3.50% sank 4.5% in premarket trade Friday, to pull back from the previous session's record close, after the athletic gear giant reported fiscal third-quarter sales that matched expectations but provided a downbeat outlook. The implied price decline would have about 27 points off the Dow Jones Industrial Average's DJIA, -0.52% price, while Dow futures YMM9, -0.48% fell 141 points. Nike Chief Financial Officer Andrew Campion said in the post-earnings conference call last Thursday that fiscal fourth-quarter revenue would rise in the "low single-digit" percentage range from a year ago, according to a transcript provided by FactSet, while the current FactSet revenue consensus of $10.24 billion (down from $10.36 at the end of February) implied 4.6% growth (implied 5.9% growth at the end of February). Nike's stock has rallied 21.6% over the past three months to Thursday's r Show less Read more
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