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0.00299803576966821 0.00299803576966821 -0.00103380543781654 -0.000310141631344993 -0.00351493848857648 -0.00196423033185152 -0.00454874392639303 0.00124056652537997
Stock impact report

Nike: Q1 Earnings Coming Up, What To Expect Following The 40% Price Crash [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
Joe RaedleArticle ThesisNike (NYSE:NKEof another earnings beat and what investors should keep an eye on when Nike reports its upcoming results.A Very Weak Performance By Nike Year-To-DateLike many other consumer goods companies, Nike experienced significant tailwinds during the pandemic from a couple of macro trends. First, lockdowns meant that consumers could not spend as much money on experiences as they did before the pandemic, e.g. eating at restaurants, traveling, concerts, etc. They thus had more cash to spend on goods, which was beneficial for the producers and sellers of these consumer goods -- especially discretionary ones that are purchased when consumers have cash to spend but that are not necessary (unlike drinks, food, hygiene products, etc.). On top of that, massive fiscal and monetary stimulus spending increased consumers' spending power even further, allowing even more people to buy all kinds of goods that are not really necessary. Nike, as one of the leading consumer Show less Read more
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