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NKE / Nike Sees Strong D2C Sales Despite Consumers' Discretionary Spending Pressures

Nike Sees Strong D2C Sales Despite Consumers' Discretionary Spending Pressures
The continued buildout of Nike's digital channels and direct-to-consumer (D2C) sales, as well as the brand's inextricable ties to an ecosystem, are helping buck pressures on discretionary spending. The company reported fiscal first-quarter earnings results last week that showed Nike Direct revenues reached $5.4 billion, up 6% from last year's levels. Read More
Posted: Oct 4 2023, 11:22
Author Name: PYMNTS
Views: 112581

NKE News  

Is There Room for a Bigger Rebound in Nike?

By GuruFocus
November 3, 2023

Is There Room for a Bigger Rebound in Nike?

Shares of Nike Inc. (NKE, Financial) have risen about 20% since the company's earnings report was released in late September. Shares were previously m more_horizontal

SKX vs. NKE: Which Stock Is the Better Value Option?

By Zacks Investment Research
November 3, 2023

SKX vs. NKE: Which Stock Is the Better Value Option?

Investors interested in Shoes and Retail Apparel stocks are likely familiar with Skechers (SKX) and Nike (NKE). But which of these two stocks presents more_horizontal

Charlie Munger says he dislikes fashion stocks like Nike - but he'd buy Hermès stock if it was cheap enough

By Business Insider
November 1, 2023

Charlie Munger says he dislikes fashion stocks like Nike - but he'd buy Hermès stock if it was cheap enough

Charlie Munger avoids fashion stocks like Nike, but he'd invest in Hermès at a compelling price. The French luxury label has a trusted brand built ov more_horizontal

Nike (NKE) Outperforms Broader Market: What You Need to Know

By Zacks Investment Research
October 31, 2023

Nike (NKE) Outperforms Broader Market: What You Need to Know

Nike (NKE) reachead $102.77 at the closing of the latest trading day, reflecting a +0.95% change compared to its last close. more_horizontal

Nike Stock Could Rise 70% If It Recovers To Pre-Inflation Shock Highs

By Forbes
October 26, 2023

Nike Stock Could Rise 70% If It Recovers To Pre-Inflation Shock Highs

NKE saw its stock trading at around $83 on October 2, 2022, when the Fed kept increasing rates, and now remains up by about 24% from those levels. more_horizontal

The 3 Most Undervalued Blue-Chip Stocks to Buy: October 2023

By InvestorPlace
October 25, 2023

The 3 Most Undervalued Blue-Chip Stocks to Buy: October 2023

This is a strange time as an investor. On one hand, there is inflation and weak consumer spending and on the other, the earnings season and strong mar more_horizontal

Nike: 5 Reasons This Company Is A Buy For Long-Term Investors

By Seeking Alpha
October 21, 2023

Nike: 5 Reasons This Company Is A Buy For Long-Term Investors

Nike is a still an extremely popular brand as data from a teen survey illustrates. Nike has increased their dividend yield over the years while buying more_horizontal

SKX or NKE: Which Is the Better Value Stock Right Now?

By Zacks Investment Research
October 18, 2023

SKX or NKE: Which Is the Better Value Stock Right Now?

Investors interested in Shoes and Retail Apparel stocks are likely familiar with Skechers (SKX) and Nike (NKE). But which of these two stocks is more more_horizontal


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