88.60 +3.97 (4.69%)
Pre-market: 7:44AM EDT
|Bid||87.00 x 900|
|Ask||87.50 x 1400|
|Day's range||81.21 - 85.04|
|52-week range||60.00 - 105.62|
|Beta (5Y monthly)||0.82|
|PE ratio (TTM)||31.24|
|Earnings date||24-Jun-2020 - 28-Jun-2020|
|Forward dividend & yield||0.98 (1.24%)|
|1y target est||93.40|
COVID-19 derails economic activities worldwide. lululemon (LULU) extends store closures in certain regions until further notice and creates a fund to help employees.
JPMorgan, Wells Fargo, Walgreens, Constellation Brands and Nike are part of Zacks Earnings Preview
Fanatics is now making medical masks and gowns out of baseball jersey material to address the shortage caused by coronavirus; Nike, Under Armour and other sports retailers are also hurrying to make the same items.
Nike and Lululemon have seen the bottom in China sales after coronavirus forced them to close stores, and now say they are applying those lessons in the U.S.
Should investors think about buying LULU stock with the yoga apparel giant set to report its Q4 fiscal 2019 results after the closing bell on Thursday, March 26?
During Nike’s (NKE) Q3 earnings call on Tuesday, the Swoosh brand’s president and CEO John Donahoe said that its actions amid the COVID-19 pandemic will allow the company to emerge even stronger. For Nike, returning to some semblance of normalcy in China was the first step.
NIKE (NKE) retains positive earnings record in third-quarter fiscal 2020 despite the impacts of the coronavirus outbreak on its Greater China business. Strong digital business supports growth.
Nike (NKE) delivered earnings and revenue surprises of 44.44% and 2.36%, respectively, for the quarter ended February 2020. Do the numbers hold clues to what lies ahead for the stock?
The epidemic forced Nike to temporarily shut down stores to help contain its spread in China, where it was first detected late last year. "At a time when people were confined to their homes, we moved swiftly to leverage our digital app ecosystem and Nike Expert Trainer network," Chief Executive Officer John Donahoe told analysts on his first earnings call since taking the helm. Digital sales climbed more than 30% in Greater China, while sales in the region, its fastest-growing segment, fell 5% due to the store closures in the reported quarter.
Nike (NKE) reported fiscal third-quarter sales that topped expectations, reflecting still-strong fundamentals through February even as the coronavirus outbreak generated a host of disruptions for the athletic-wear maker.
Investing.com - Our Senior Analyst Jesse Cohen gives us his top five things to know in financial markets on Tuesday, March 24, including: