Nike Inc (NKE) Options

she retired about 10 years ago-- before it went woke!

Never Nike for me.

talk about loyalty, yep cheap here not to get starter position. If it doesn't get the bounce on olympics, will eventually pick up again. Most of the negative news is behind it for now.

NICE!!! my wife's 401K is in heavy- she worked for them 25 years!

yep that's why i grabbed starter and will add on the way down bit by bit, but think it will get the "olympic bounce"

3 year low 71.79

same here grabbed starter past week, think it will get the "olympic bounce" imo

I was just about to go buy a new pair of Nikes for work because nothing else is as comfortable to me and then I heard the news and figured I'd buy the stock " on sale" too.

I was just about to go buy a new pair of Nikes for work because nothing else is as comfortable to me and then I heard the news and figured I'd buy the stock " on sale" too.

Olympics are here.... everyone should sell a bunch of gear this summer.

This seems like quite the haircut....picked up a few shares before the close.

What a turd. Buying more PUTS on this woke stock IMO.

Nike shares fell 14.04% in pre-market trading. Nike exceeded fourth-quarter fiscal earnings estimates with adjusted earnings of $1.01 per share, but sales of $12.6 billion fell short of expectations. Annual revenue of $51.4 billion also missed the $51.6 billion target, despite adjusted earnings of $3.95 per share surpassing forecasts of $3.70 per share. Nike predicted a surprising revenue decline for fiscal 2025, expecting a mid-single-digit percentage drop, against analysts’ expected increase of 0.91%. This is due to weakened demand for its sneakers, as it loses market share to newer brands like On and Hoka. Nike said it cut overstocked brands and invested in better running shoes, and plans new versions of the Air Max line. For the next quarter, Nike expects a revenue drop of about 10%. Due to Nike’s unexpected fiscal 2025 revenue drop prediction, shares of JD Sports and Puma fell significantly, while Adidas shares saw a brief increase followed by a drop. Analysts expect Adidas to gain market share as Nike recalibrates its business until at least spring 2025.

LOL

NKE 10Q expected Wednesday 6/26

Funny! You blocked me , I never blocked you. Go swoosh.

you blocked me!

NIKE, Inc. Announces Third Quarter Fiscal 2024 Earnings and Conference Call
February 22, 2024 04:15 PM Eastern Standard Time

BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE: NKE) plans to release its third quarter fiscal 2024 financial results on Thursday, March 21, 2024, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours. Following the news release, NIKE, Inc. management will host a conference call beginning at 2:00 p.m. PT to review results.

The conference call will be broadcast live over the Internet and can be accessed at https://investors.nike.com/. For those unable to listen to the live broadcast, an archived version will be available at the same location through 9:00 p.m. PT, April 11, 2024.

About NIKE, Inc.

NIKE, Inc., headquartered in Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Converse, a wholly-owned NIKE, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories. For more information, NIKE, Inc.’s earnings releases and other financial information are available on the Internet at https://investors.nike.com/. Individuals can also visit https://about.nike.com/ and follow NIKE on LinkedIn, Instagram and YouTube.

Nike $NKE just did it! Its first Golden Cross since January
By: Barchart | December 30, 2023

• Nike $NKE just did it! Its first Golden Cross since January.



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History of Nike's $NKE Q3 Revenue since 1984
By: Savvy Trader | December 22, 2023

• History of Nike's $NKE Q3 Revenue since 1984

1984: $184M
1985: $238M
1986: $183M
1987: $234M
1988: $322M
1989: $446M
1990: $649M
1991: $743M
1992: $876M
1993: $806M
1994: $1.1B
1995: $1.4B
1996: $2.1B
1997: $2.3B
1998: $1.9B
1999: $2.1B
2000: $2.2B
2001: $2.3B
2002: $2.5B
2003: $2.8B
2004: $3.1B
2005: $3.5B
2006: $3.8B
2007: $4.3B
2008: $4.6B
2009: $4.8B
2010: $4.8B
2011: $5.5B
2012: $6B
2013: $6.4B
2014: $7.4B
2015: $7.7B
2016: $8.2B
2017: $8.6B
2018: $9.4B
2019: $10.3B
2020: $11.2B
2021: $11.4B
2022: $13.3B
2023: $13.4B

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Nike $NKE was hammered today for a drop of 11.83%, the stock's 2nd largest decline since 2008
By: Barchart | December 22, 2023

• Nike $NKE was hammered today for a drop of 11.83%, the stock's 2nd largest decline since 2008



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Call Traders View Opportunity in Nike (NKE) Stock's Plummet
By: Schaeffer's Investment Research | December 22, 2023

• The security is eyeing its worst day since September 2022

• Nike will cut hundreds of jobs to save costs

Nike Inc (NYSE:NKE) capped off earnings reports for 2023 with better-than-expected second-quarter profits of $1.03 per share, though revenue missed the mark. The retailer also slashed its annual forecast and noted it will cut hundreds of jobs to save $2 billion in the next three years, as consumers remain cautious and online sales lag, spurring more promotions.

NKE was last seen down 10.3% at $109.87, following a downgrade from TD Cowen to "perform" from "outperform," and a price-target cut to $104 from $129. Another five firms cut their price objectives as well, while two raised theirs. Coming into today, 20 of the 28 analysts covering Nike stock rated it a "buy" or better.

The shares are today gapping below the 40-day moving average for the first time since early October, pivoting lower from their highest level since May as they eye their worst day since September 2022. For 2023, Nike stock now carries a more than 6% deficit.

Options traders are viewing this pullback as an opportunity. So far today, 92,000 calls and 75,000 puts have crossed the tape, volume that 21 times what is typically seen at this point. The weekly 12/22 110-strike call is the most popular contract, with positions being opened there and expiring at the close.

Nike stock is no stranger to bullish activity. The security's Schaeffer’s open interest ratio (SOIR) sits in the 2nd percentile of its annual range, pointing to a particularly strong call bias amongst short-term options traders.

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Nike cut at CFRA Research as 'company faces competition'
By: Investing | December 22, 2023

Nike (NYSE:NKE) was cut to Sell from Hold at CFRA Research on Friday, following the company's latest earnings release, which resulted in its shares tumbling over 11%.

The firm maintained a $91 per share price target on the stock, and its FY 24 and FY 25 EPS estimates of $3.50 and $3.75, respectively.

"NKE posts normalized Q2 EPS of $1.03 vs. $0.85, $0.18 above estimates on revenues of $13.39B vs. $13.32B and $39M below estimates," explained CFRA analysts. "Nike Direct sales increased 6% with Nike Digital increasing 4%. By region, North America revenues declined 4% Y/Y, Europe increased 2%, Greater China improved 4%, and APAC and Latin America increased 13%."

Nike's gross margin expanded 170 bps year-over-year to 44.6%, driven by higher strategic pricing and lower freight costs.

"Although Nike maintains a fortress balance sheet with significant capital returns, we believe the multiple will trend back down to pre-pandemic levels as the company faces competition from brands like HOKA and On while it looks for new growth drivers and focuses on cutting costs," added CFRA analysts.

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thanks

Last Ex-Dividend Date Dec 1, 2023 - Payment date Jan 2, 2024

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when is the divi date? One heck of an AH drop!

Nike $NKE getting absolutely punished in after hours trading
By: Barchart | December 21, 2023

• Nike $NKE getting absolutely punished in after hours trading



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very NICE

Nike earnings beat by $0.19, revenue topped estimates
By: Investing | December 21, 2023

Nike (NYSE: NKE) reported second quarter EPS of $1.03, $0.19 better than the analyst estimate of $0.84. Revenue for the quarter came in at $13.4B versus the consensus estimate of $13.39B.

Nike's stock price closed at $122.46. It is up 34.79% in the last 3 months and up 4.93% in the last 12 months.

Nike saw 2 positive EPS revisions and 19 negative EPS revisions in the last 90 days. See Nike's stock price’s past reactions to earnings here.

According to InvestingPro, Nike's Financial Health score is "good performance".

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Nike $NKE 6% implied move after earnings tonight. 9 EPS upgrades lately
By: Mike Zaccardi | December 21, 2023

• $NKE 6% implied move after earnings tonight. 9 EPS upgrades lately



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Today Nike Inc. (NKE) is the best performer in the DJIA
By: Thom Hartle | December 19, 2023

• Today (8:32 CST), the best performer in the DJIA is NIKE Inc ClsB. NKE.



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BofA sees Nike (NKE) reporting 2Q and 3Q sales miss
By: Investing | December 15, 2023

BofA raised its Nike (NYSE:NKE) price target to $130 from $110 in a note Friday. However, the firm said it is modelling a consensus sales miss for the sportswear giant in both 2Q and 3Q24.

While the firm expects Neutral-rated Nike to beat consensus EPS expectations, they note that with the stock trading at 32x P/E, the key debate has shifted to the sales turnaround.

In the firm's view, this quarter won’t answer the sales questions, nor will 3Q guidance. "The full year relies on a 4Q sales acceleration once 2023’s excess inventory sell-in is lapped," analysts said.

"We will look for signs of accelerating DTC (direct-to-consumer) trends and successful innovation as proof points for this ramp," the analysts added.

The investment bank believes that improving data points on China, a better narrative on the promotional environment, and more details about product innovation are needed to spark multiple expansion.

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Today NIKE Inc. (NKE) is the best performer in the DJIA
By: Thom Hartle | December 11, 2023

• Today (8:32 CST), the best performer in the DJIA is NIKE Inc ClsB. NKE.



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Nike is an 'attractive margin recovery story' says Citi, upgrades stock to Buy
By: Investing | December 11, 2023

Citi analysts upgraded their recommendation on Nike (NYSE:NKE) stock to Buy from Neutral with a price target raised by $35 to $135 per share.

The athletic apparel retailer is “an attractive margin recovery story in a choppy macro,” analysts wrote in a note.

Citi's assessment of Nike highlights persisting top-line challenges while expressing increased optimism about the company's capacity to safeguard earnings per share in fiscal years 2024 and 2025 amid a potentially uneven economic backdrop.

The optimism is rooted in several factors:

1) An anticipated gross margin recovery from the second quarter of fiscal year 2024 through fiscal year 2025;

2) The introduction of new innovations in calendar year 2024, strategically timed ahead of the Paris Olympics; and

3) Nike's resilient position in China, despite ongoing macroeconomic volatility.

“Given the difficult comparisons in the NAM wholesale channel, challenging macro, challenging trends from NKE’s key retail partners in NAM and expected strong 2H sales recovery embedded in current guidance, we believe it is likely that mgmt will take a more conservative view toward 2H sales (and lower F24 sales guidance from +MSD to +LSD),” analysts said.

“However, we believe stronger GM/tight expense control will protect from an EPS reduction.”

Nike stock rose 1.8% while being down 1% year-to-date based on Friday’s closing price.

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Today Nike Inc. (NKE) is the best performer in the DJIA
By: Thom Hartle | November 29, 2023

• Today (8:32 CST), the best performer in the DJIA is NIKE Inc ClsB. NKE.



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State Board of Administration of Florida Retirement System Has $142.42 Million Stock Holdings in NIKE, Inc. (NKE)
By: MarketBeat | November 25, 2023

• State Board of Administration of Florida Retirement System reduced its stake in NIKE, Inc. (NYSE:NKE) by 5.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,290,344 shares of the footwear maker's stock after selling 74,239 shares during the period. State Board of Administration of Florida Retirement System owned 0.08% of NIKE worth $142,415,000 at the end of the most recent quarter...

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Nike $NKE Nice move up, has been strong since the last report. 110 next big area to watch
By: Options Mike | November 5, 2023

• $NKE Nice move up, has been strong since the last report.

110 next big area to watch.



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Rock and Roll, Nike.

Let’s go for a run……lol.

$$ NKE $$

Nike Inc. $NKE Still impressive chart. Like it off a reconnect with the 8D if it holds
By: Options Mike | October 22, 2023

• $NKE Still impressive chart.

Like it off a reconnect with the 8D if it holds.



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Nike $NKE is among the most overbought S&P 500 stocks according to FactSet
By: Barchart | October 21, 2023

• Nike $NKE is among the most overbought S&P 500 stocks according to FactSet.



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Looking good, Nike…….

Let’s hit $1.10 this month.

Early Christmas presents for all…….

@@ NKE @@

NICE!

Nike Inc. $NKE Held majority of the earnings gap and took out the high now, room to grind to 103 next
By: Options Mike | October 15, 2023

• $NKE Held majority of the earnings gap and took out the high now, room to grind to 103 next.



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Nike Is Getting Fit...And May Not Trade Under $100 For Long https://www.marketbeat.com/originals/nike-is-getting-fitand-may-not-trade-under-100-for-long/

Nike $NKE Former Intel CEO Robert Swan bought over $1.2 Million worth of Nike shares last week
By: TrendSpider | October 9, 2023

• $NKE Former Intel CEO Robert Swan bought over $1.2M worth of Nike shares last week

The stock is down nearly -20% YTD.



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Nike Inc. $NKE good report and guidance. Costs back under control and China sales back up.. Gap below to hold, 50D next target
By: Options Mike | September 30, 2023

• $NKE good report and guidance. Costs back under control and China sales back up..

Gap below to hold, 50D next target.



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!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! WOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! nice recovery!

Today Nike Inc ClsB. (NKE) is the best performer in the DJIA
By: Thom Hartle | September 29, 2023

• Today (8:34 CST), the best performer in the DJIA is NIKE Inc ClsB. NKE.



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Nike shares gain 8% on big EPS upside; stock seen as an 'undervalued outperfomer'
By: Investing.com | September 29, 2023

Nike reported much better than expected fiscal first-quarter earnings that overshadowed a miss on revenue, pressured by weakness in North America and an economic slowdown in its key China market.

Nike Inc (NYSE:NKE) rose 8% in premarket Friday trade following the report.

Nike reported EPS of $0.94 on revenue of $12.94 billion. Analysts polled by Investing.com anticipated EPS of $0.75 on revenue of $13.02B.

Nike brand digital sales increased 2% but growth in EMEA, Greater China, and APLA was partially offset by a decline in North America.

Sales in North America fell 2%, while in China, a key market for the company, sales rose 5% to $1.74B, though was short of StreetAccount estimates of $1.84 billion.

Gross margin decreased 10 basis points to 44.2%, pressured by "higher product costs and unfavorable changes in net foreign currency exchange rates, largely offset by strategic pricing action," the company said. Inventory levels decreased by 10% year-over-year.

The company maintained its FY24 guidance.

Bernstein analysts said Nike delivered "a nice beat."

Nike used "the ~20c EPS beat to de-risk Q2 and cushion H2 - the best possible outcome we could have expected from this print. The combination of decelerating macro and debates on DTC and Running will keep an overhang over the stock ST - but we remain bullish on the stock LT as an undervalued outperformer, with EPS growth forecasts outperforming peers and valuation at a 5-yr low," they wrote in a note.

BofA analysts continue to see "a balanced risk/reward as an improving gross margin trajectory is offset by a challenging sales environment (particularly in wholesale).

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Nike (NKE) earnings beat by $0.19, revenue fell short of estimates
By: Investing.com | September 28, 2023

Nike (NYSE: NKE) reported first quarter EPS of $0.94, $0.19 better than the analyst estimate of $0.75. Revenue for the quarter came in at $12.94B versus the consensus estimate of $13.02B.

Nike's stock price closed at $89.63. It is down -18.79% in the last 3 months and down -5.98% in the last 12 months.

Nike saw 0 positive EPS revisions and 12 negative EPS revisions in the last 90 days. See Nike's stock price’s past reactions to earnings here.

According to InvestingPro, Nike's Financial Health score is "good performance".

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