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Nike beats Wall Street estimates for quarterly revenue with $12.43B, aided by discounts on athletic apparel. Lululemon's North America growth stagnates, issuing weak guidance with Q4 revenue of $3.21B. Nike's EPS of $0.77 surpasses estimates, while Lululemon reports EPS of $5.29, both beating expectations.
$NKE (-6.3% pre) Nike Stock Falls Despite Earnings Beat as Retailer Issues Weak Sales Guidance https://t.co/gCII4iS8Ct
#Stocks making the biggest moves premarket: Reddit, Nike, FedEx and more $RDDT $NKE $FDX https://t.co/NerrDG5ITf
$LULU (-13.3% pre) Lululemon warns of slowing North America sales as spending falters - Reuters https://t.co/w2CEPQKdwE
Nike shares skid as switch to newer styles to squeeze revenue https://t.co/55Fz6XG7fw
$FL (+2.5% pre) Foot Locker trades higher after $NKE Nike backs wholesale partners - SA https://t.co/eePRa9oCYb
Lululemon warns of slowing North American sales as spending falters https://t.co/Rw7ikBuGat
1/ Nike $NKE Q3 2024 Results: Beats Earnings by ~31% & Beats Revenue expectations by ~1% Total Revenue: ~$12.4 Bn, up 0.3% YoY, down 6% QoQ Net Income: ~$1.2 Bn, down 5% YoY, down 25% QoQ Shares down ~6% in after results https://t.co/zA5JE53oBk
Nike $NKE getting pummeled with shares dropping to their lowest price since October after reporting earnings yesterday https://t.co/7cz2Kix4Ih
Lululemon shares plunge 10% on weak guidance, slowing North America growth https://t.co/WKk3TIIoJl
$NKE Nike •EPS: $0.77 beats (exp. $0.75) •Revenue: $12.4b beats (exp. $12.3b)
Lululemon's North America growth stagnates, retailer issues weak guidance $LULU https://t.co/rbP5TJORC4
Nike holiday sales top estimates, helped by better than expected North America growth $NKE https://t.co/nfA8CzSlPR
Lululemon forecasts annual outlook below estimates, stock slumps 10% https://t.co/N7QVbcaM7k https://t.co/mrKKX6wuSY
Weak guidance and slowing North American growth are weighing on $LULU shares in the extended session. @KARInvest's Julie Biel and @timseymour trade the earnings print. https://t.co/aQHAFEB0KA
$NKE 100.82 USD +0.55 (0.55%) today After hours 95.35 −5.47 (5.43%) Nike beats holiday revenue estimates — but its China sales are slowing down https://t.co/1UIBrN0UXZ
Nike's YoY inventory trends: —Q3 24: -13% to $7.7B —Q2 24: -14% to $8B —Q1 24: -10% to $8.7B —Q4 23: 0% to 8.45B —Q3 23: +16% to 8.9B —Q2 23: +43% to 9.3B —Q1 23: +44% to 9.7B —Q4 22: +23% to 8.4B $NKE
Nike's inventory trends: —Q3 24: -13% to $7.7B —Q2 24: -14% to $8B —Q1 24: -10% to $8.7B —Q4 23: 0% to 8.45B —Q3 23: +16% to 8.9B —Q2 23: +43% to 9.3B —Q1 23: +44% to 9.7B —Q4 22: +23% to 8.4B $NKE
Nike beats quarterly revenue estimates as newer styles draw customers https://t.co/RQyEB612dv https://t.co/iif8bmlaLz
Lululemon with a double beat. CEO: "As you’ve heard from others in our industry, there has been a shift in the U.S. consumer behavior of late and we’re navigating what has been a slower start to the year in this market" $LULU: -10% AH https://t.co/wPVVQLZsRY https://t.co/DlYt9fJgSh
Nike double beat in Q3 FY 24 with inventories down 13% YoY: "Gross margin increased 150 bps to 44.8%, primarily driven by strategic pricing actions & lower ocean freight & logistics costs, partially offset by higher product input costs & restructuring charges" $NKE: +2.5% AH https://t.co/0VK4ROmuSb https://t.co/aezlfkDBeC
$NKE | Nike Q3 Earnings Highlights: Revenue Beat, EPS Beat And More Nike reported third-quarter revenue of $12.429 billion, which was up slightly year-over-year. Nike beat revenue and earnings per share estimates. https://t.co/h3eZSy9OCf
Nike Inc $NKE Earnings: - Diluted EPS of $0.77 - Adjusted Diluted EPS of $0.98 - Revenue of $12.4 billion - NIKE Direct Revenue of $5.4 billion “We are making the necessary adjustments to drive NIKE’s next chapter of growth,” said John Donahoe, President & CEO, NIKE, Inc.… https://t.co/R1fCy5Oohv
Lululemon Athletica Inc $LULU Earnings: - Diluted EPS of $5.29 - Adjusted Diluted EPS of $4.40 - Revenue of $3.2 billion (+16 % YoY) - Comparable sales growth of 12% Calvin McDonald, Chief Executive Officer, stated: "We are pleased with the strong finish to our 2023 fiscal year… https://t.co/SsaLZgqlKt
Lululemon’s stock drops on soft revenue forecast https://t.co/SmBPNlpUqH
$NKE Nike Q3 FY24 (ending Feb. 2024). • Revenue +0% Y/Y to $12.4B ($130M beat). • Non-GAAP EPS $0.98 ($0.23 beat). • Inventory -13% Y/Y to $7.7B. • Direct sales +0% Y/Y to $5.4B. • Restructuring charges ~$0.3B. https://t.co/rr46qCPcfU
Nike stock rises after quarterly results beat estimates, amid ‘progress’ on efforts to reignite better growth https://t.co/OgzLtGT3M5
$LULU (-9% AH) after 4Q results beat but company guided to light FY’24 and 1Q results. 4Q: - Rev $3.21B vs $3.19B est - Gross margin 59.4% vs 58.7% est - Adj EPS $5.28 vs $5.00 est - SSS 12.0% vs 13.5% est FY’25: - Rev $10.7B-$10.8B vs $10.96B est - Adj EPS $14.00-$14.20 vs…
Nike reported sales that were stronger than anticipated as the company ramps up a multiyear cost-cutting plan in the face of weaker demand for its sneakers and apparel. https://t.co/9iuIyKbspd
⚠️ NIKE BEATS QUARTERLY REVENUE ESTIMATES AS DISCOUNTS DRAW DEMAND Full Story → https://t.co/bjd4v6gvez Nike beat Wall Street estimates for quarterly revenue on Thursday, as deep discounts on its athletic apparel and sneakers during the holiday season helped it reel in…
⚠️ LULULEMON SEES ANNUAL REVENUE BELOW ESTIMATES ON WEAKER DEMAND Full Story → https://t.co/lusLVNwYrY Apparel retailer Lululemon Athletica on Thursday forecast annual revenue and profit below expectations, pressured by sluggish demand for the company's premium athleisure and…
$LULU | Lululemon Q4 Earnings: Revenue Beat, EPS Beat, Shares Slide On Weak Q1 Guidance Lululemon sees first-quarter revenue in the range of $2.175 billion to $2.2 billion versus estimates of $2.25 billion. The company anticipates first-quarter earnings of $2.35 to $2.40 per… https://t.co/jW0sHc0GgL
History of Nike's $NKE March quarter Revenue since 2000 2000: $2.2B 2001: $2.2B 2002: $2.3B 2003: $2.4B 2004: $2.9B 2005: $3.3B 2006: $3.6B 2007: $3.9B 2008: $4.5B 2009: $4.4B 2010: $4.7B 2011: $5.1B 2012: $5.7B 2013: $6.2B 2014: $7B 2015: $7.5B 2016: $8B 2017: $8.4B 2018: $9B…
Lululemon offered a lower-than-expected sales outlook for the first quarter and full year, driving shares down in extended trading. https://t.co/qyOqNInt2D
$NKE Nike beats, stock up 2.6% AH https://t.co/BntbtiPsVH
Lululemon shares fall on weak guidance, slowing North America growth. $LULU Earnings per share: $5.29 vs. $5.00 expected Revenue: $3.21 billion vs. $3.19 billion expected: CNBC https://t.co/cSzKTxusbL
$NKE earnings: - EPS: $0.77 (est $0.74) - Revenue: $12.43B (est $12.31B) - Net Income: $1.172B (est $1.130B) https://t.co/E9SOE2vkCK
$NKE | Nike Q3 Earnings: - Adj EPS $0.98 (Est. $0.74) - Sales $12.429B (Est. $12.281B)
$NKE | Nike Q3 24 Earnings Results: - EPS: $0.77 (est $0.74) - Revenue: $12.43B (est $12.31B) - Net Income: $1.172B (est $1.130B) - Pretax Profit: $1.404B(est $1.410B) - Gross Margin 44.8% https://t.co/CtqQkwzEql
NIKE $NKE JUST REPORTED EARNINGS EPS of $0.77 beating expectations of $0.75 Revenue of $12.4B beating expectations of $12.3B
$LULU Lululemon beats, but Q1/FY guidance light. -8% AH https://t.co/BgdzJq2Nuj
Lululemon's North America growth stagnates, retailer issues weak guidance https://t.co/kZuleP9sIy
$LULU | Lululemon Q4 23 Earnings Results: - EPS: $5.29 (est $5.01) - Net Revenue: $3.21B (est $3.19B) - Pretax Profit $931.72M - Operating Income $913.89M - Outlook FY Revenue $10.7B-$10.8B https://t.co/YxUYFjSOMe
LULULEMON $LULU JUST REPORTED EARNINGS EPS of $5.29 beating expectations of $5.02 Revenue of $3.20B in line with expectations
$lulu dump
Nike is losing fans on Wall Street as weak sales pressure stock https://t.co/KY6BoyN8vk via @business
Nike $NKE earnings: Here's what analysts expect https://t.co/NinwL6Tp2A https://t.co/ermAsGbrd4
Lululemon $LULU reports earnings today after the markets close, Wall ST is expecting numbers of EPS of $5.02 up 14.1% YoY Revenue of $3.20B up 15.5% YoY
Nike $NKE reports earnings today after the markets close, Wall ST is expecting numbers of EPS of $0.75 down 5.1% YoY Revenue of $12.3B down 0.7% YoY
The pressure is on Nike this week to show investors it has a plan to boost sales. https://t.co/cbTMjbJhiN
Top Earnings Th 3/21 Aft: $AIR $AMPX $ASXC $BIOL $CBUS $CUTR $CWD $DERM $DRCT $FDX $HQI $HYPR $LULU $NKE $OSS $SCHL $TELA $VTRU $WS $XOS . Top Earnings Fri 3/22 Pre: $AGRX $ALOT $COE $HUMA $HYZN $PLM $SNWV $STG $STRR
Happy $LULU and $NKE day. Both report after the close. Nike is due. Lulu pre-announced a beat for Q4 on January 8th. Which was a long time ago. Shorts have been waiting for the Lulu fad to die for years. Shares actually down 8% ytd (up 20% over 6mo) I have notes. https://t.co/V9i2F9KmVH
Key Earnings Reports After the Close Tomorrow AAR $AIR FedEx $FDX Lululemon Athletica $LULU Nike $NKE For more details, start a trial at https://t.co/H4p1RcpfIn.
⚠️ NIKE SET FOR RARE SALES DROP WITH FOCUS ON US DEMAND, DIRECT-TO-CONSUMER PIVOT Full Story → https://t.co/sFtYdTKQGq Nike is projected to post its first quarterly revenue decline in nearly two years on Thursday, turning the spotlight on the slower-than-expected boost from…
Top Earnings Th 3/21 Pre: $ACN $ALUR $APYX $ASO $BZUN $CCLD $CMC $CREX $DBI $DRI $DXLG $EXAI $FDS $FENC $GAMB $IFRX $INKT $IPHA $KIRK $LIQT $LU $LUNR $MDWD $MLYS $NNDM $RMTI $SCVL $SNDL $TITN $VRME $WGO $WTT $XFOR $YI $YJ $YRD
Earnings Alert 🚨 Both $LULU and $NKE are reporting Thursday. The prediction for each company is bleak amid a February Retail Sales data acceleration. "I think both events will be bad." -McGough @HedgeyeRetail @HedgeyeRetailAP & @HedgeyeRetailRW broke it down on today's… https://t.co/DGt0UQZsjl
Nike’s Earnings Are Coming. Analysts Are Telling Different Stories. https://t.co/vI5NPncBqE
Good morning! Get ready for the week below with our economic and earnings calendars. https://t.co/AhWjGY6R3n
Earnings to review this week: Mon 18Mar24: DLocal $DLO, StoneCo $STNE Wed 20Mar24: Tencent Thu 21Mar24: Lululemon $LULU Fri 22Mar24: Meituan https://t.co/SduwuqBIUN
The week ahead FOMC + Earnings from $STNE $MU $FIVE $CHWY $KBH $ACN $DRI $NKE $FDX $LULU Get my newsletter tomorrow: https://t.co/88cKgbrcUN https://t.co/zEskNiFIXV