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-5.84590202267678E-05 -0.00257219688998011 0.00245527884952657 0.00502747573950669 -0.00812580381152804 -0.00916988191277916 0.00128609844499006 -0.0160177715421488
Stock impact report

No sports? No problem. Why it’s time to buy Nike [Toronto Globe and Mail (Ontario, Canada)]

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
No sports? No problem. Why it’s time to buy Nike How long can brands stay top of mind in the absence of traditional marketing channels and open stores? Ask Nike Inc. in a year and they might have the answer. With the spread of COVID-19, the company has shuttered many of its outlets worldwide. Additionally, its regular avenues for major advertising, including the Olympics, National Basketball Association and other organized sports leagues, are also on pause for the foreseeable future. How does Nike, or any global retailer for that matter, navigate such a challenge? There is no shortage of bears who view these dual threats as a major issue for enterprises like Nike. Moody’s has revised the company’s credit outlook to negative, and analysts are slashing 12-month stock price targets. Some see losing the Olympics and professional sports seasons as a lost opportunity for increased international expansion and exposure. Furthermore, upcoming quarterly revenue and net income projections are pl Show less Read more
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