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Stock impact report

Nike Beat Big, But The Market Heard One Word: Tariffs [Yahoo! Finance]

Piper Sandler Companies (PIPR) 
Last piper sandler companies earnings: 5/1 08:04 am Check Earnings Report
Company Research Source: Yahoo! Finance
weighed a solid second-quarter performance against a softer near-term outlook and rising margin pressures. Nike reported second-quarter revenue of $12.43 billion, topping estimates, while earnings per share came in at 53 cents, well above the 38-cent consensus. Nike Brand revenue edged up 1% to $12.1 billion. Strength in wholesale helped offset ongoing channel shifts, with wholesale revenue rising 8% to $7.5 billion, while Nike Direct sales declined 8% to $4.6 billion, as the company continued to rebalance its marketplace. Don't Miss: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it 7 Million Gamers Already Trust Gameflip With Their Digital Assets — Now You Can Own a Stake in the Platform Guidance dominated investor focus. CFO Matt Friend said third-quarter revenue is expected to decline in the low single digits, with gross margin projected to fall by 175 to 225 basis points. Friend also highlighted t Show less Read more
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