Summary NKE reported Q3 results March 22, 2018 which were better than expected when the one-time ~$2B impact from the Tax Cuts and Job Act is excluded. Despite the tax hit, NKE has indicated the TCJ is slightly favorable in terms of its normalized steady state effective tax rate and because it will provide NKE [...]
Summary NKE recently held its Investor Day in which it presented its strategy to improve results. Game changing innovation is expected to contribute to improved margins. Unlike many other companies, NKE is not using a significant amount of debt to financially engineer its stock price and EPS. NKE is suitable for a risk averse investor [...]
Summary This Nike, Inc. stock analysis is based on Q3 2017 financial results released March 21, 2017. Nike reported strong Q3 2017 results although some investors have expressed concern about the deterioration in gross profit margin. Changing consumer shopping habits is posing a huge challenge but this problem is not unique to NKE. NKE has [...]
