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Stock impact report

Nike's Wholesale Rebound Clashes With Under Armour's Footwear Freefall [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
Nike posted a $0.35 EPS result on $11.28 billion in sales, its fourth straight beat. Under Armour delivered $0.09 adjusted EPS on $1.33 billion. Both founders-era CEOs are running comebacks. Only one has scale on its side. Quick Read Nike (NKE) posted $11.28B in Q4 revenue with wholesale up 5% to $6.5B and a fourth consecutive earnings beat. Under Armour (UAA) delivered $1.33B revenue with EMEA growing 6% and Latin America jumping 19.7%, but footwear fell 12% and North America declined 10.3%. Nike's $66B market cap, 24-year dividend streak, and stronger wholesale rebound position it as the stable turnaround play, while Under Armour faces a $600M debt maturity in June and must stabilize its collapsing footwear business to justify its 57x forward earnings multiple. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE Wholesale Carries Nike. EMEA Carries Under Armour. Elliott Hill's "Win Now" plan leans on the wholesale channel he spent Show less Read more
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