nike q4 earnings 2020

nike q4 earnings 2020

/Text /ProcSet [ /PDF /ImageB This transcript is provided by NIKE, Inc. only for reference purposes. /Text /ImageI ] >> Nike Inc Q4 2020 earnings call dated June 25, 2020. NIKE annual and quarterly earnings per share history from 2006 to 2020. /Height 208 But the real story is a complete … /Parent 43 0 R endobj /Length1 13856 >> Following the news release, NIKE management will host a … Nike Earnings on Friday with an ... which projects Q4 earnings to drop ... which seems bad enough until you note that the sector’s companies are expected to post earnings losses of 107% in 2020. /Length 742 >> /Type /Page >> % Page dictionary 10 0 obj NIKE, Inc. does not update or delete % Page dictionary 14 0 obj % 'Page3': class PDFPage 2020 Annual Report. Announces Fourth Quarter Fiscal 2020 Earnings and Conference Call, Nominating & Corporate Governance Committee, Corporate Responsibility & Sustainability Committee, https://www.businesswire.com/news/home/20200528005752/en/. NIKE EPS for the quarter ending August 31, 2020 was $0.95 , a 10.47% increase year-over-year. /Type /XObject /ImageI ] /Trans << >> 12 0 obj 0 • Fourth quarter reported revenues were $6.3 billion, declining from prior year as the majority of NIKE-owned and partner stores in North America, EMEA and APLA were closed due to /Subtype /Image Nike Inc (NYSE:NKE) Q4 2020 Earnings Conference Call - Final Transcript Jun 25, 2020 • 05:00 pm ET << /BaseFont /Helvetica /ImageC Matthew Friend — Executive Vice President, Chief Financial Officer. << /Contents 46 0 R /F5+0 28 0 R /Type /Page >> 612 View the Nike Inc. News Archive. The strength of our brand, our compelling product and innovation, our leading digital ecosystem and more are all fueling our growing separation. Nike (NYSE: NKE) posted a 310.74% decrease in earnings from Q4.Sales, however, increased by 67.81% over the previous quarter to $10.59 billion. The footwear maker reported $0.95 EPS for the quarter, topping analysts' consensus estimates of $0.46 by $0.49. Nike had to close stores in places such as the United States and ... Nike (NKE) Q4 Earnings on Deck: ... Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. /Name /F1 % 'FormXob.a7b8661fdf97b9d8bcdb7140962aa42d': class PDFImageXObject Nike NKE earnings expected after ... which projects Q4 earnings to drop 11.4%. endobj /Resources << /Font 1 0 R /ImageB Total Tech sector earnings are projected to dip -0.7% in Q4 on +9.0% higher revenues, which will follow an earnings growth of +10.0%% on +6.7% higher revenues in the preceding quarter (2020 Q3). 612 << /BitsPerComponent 8 Nike posted a Q4 2020 air nike size 10 ebay buying guide net loss and sales dip as the coronavirus forced the closures of its stores, but its stock is still in good shape. endobj /ProcSet [ /PDF /ProcSet [ /PDF 0 Falling … Prior to Q4, Nike's gross margin ranged between 43% … /Type /Page >> << /Contents 51 0 R Following the news release, NIKE management will host a conference call beginning at 2:00 p.m. PT to review results. % Page dictionary Omar Saad — Evercore ISI — Analyst. Following the news release, NIKE management will host a conference call beginning at 2:00 p.m. PT to review results. 792 ] NIKE has generated $1.85 earnings per share over the last year and currently has a price-to-earnings ratio of 82.8. % 'Page1': class PDFPage Act 0.78 Est 0.59 Q3 2020 Nike Inc Earnings Call 03/24/2020 05:00 PM (EDT) NKE. • Fourth quarter reported revenues were $6.3 billion, declining from prior year as the majority of NIKE-owned and partner stores in North America, EMEA and APLA were closed due to the COVID-19 pandemic. Nike … NIKE, Inc. (NYSE: NKE) plans to release its first quarter fiscal 2021 financial results on Tuesday, September 22, 2020, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours. (971) 473-3143, Media Contact: 792 ] Prior to Q4, Nike's gross margin ranged between 43% … /Trans << >> BEAVERTON, Ore., June 27, 2019 - NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2019 fourth quarter and full year ended May 31, 2019. View source version on businesswire.com: /F2+0 16 0 R stream /ImageC NIKE will be holding an earnings conference call on Friday, December 18th. NIKE Inc. NKE is slated to release fourth-quarter fiscal 2020 results on Jun 25. 612 16 hours Lennar Corporation (LEN) Q4 2020 Results – Earnings Call Transcript Seeking Alpha 16 hours FedEx Earnings, Revenue Beat in Q2 Investing.com 16 hours Nike Reports Earnings Tomorrow. Nike Q4 2020 Earnings, Sales Miss Bets, Stock Down Amid Coronavirus – Europabio News /ImageB /Text endobj 9 0 obj NIKE, Inc., based near 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. 2 0 obj 1 /Resources << /Font 1 0 R NIKE, Inc. (NYSE: NKE) plans to release its fourth quarter fiscal 2020 financial results on Thursday, June 25, 2020, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours. endobj 0 ET ... Q1 did benefit from about 55 basis points of one-time accrual reversals that we had incurred in Q4. Home Financial news Nike (NKE) reports Q4 2020 earnings, shares fall on unexpected loss 2020-06-26 2020-06-26 By finanz.dk Shoppers, some wearing PPE (personal protective equipment), of a face mask or covering as a precautionary measure against COVID-19, queue to enter a recently re-opened Nike store at Gunwharf Keys shopping centre in Portsmouth, southern England on June 16, 2020. Dec. 06, 2020 5:35 PM ET Toll Brothers, Inc. (TOL) By: Akanksha Bakshi, SA News Editor Toll Brothers (NYSE: TOL ) is scheduled to announce Q4 earnings results on … stream /ImageC % Font Helvetica For more information, NIKE, Inc.’s earnings releases and other financial information are available on the Internet at http://investors.nike.com. The firm earned $10.59 billion during the quarter, compared to analysts' expectations of $9.15 billion. Corporate Participants: Andy Muir — Vice President, Investor Relations. (. /Filter [ /ASCII85Decode Despite the … (503) 532-8877, NIKE, Inc. /Type /Font >> Nike posted a Q4 2020 net loss and sales dip as the coronavirus forced the closures of its stores, but its stock is still in good shape. Nike Inc (NYSE:NKE) – Analysts at Piper Sandler cut their Q4 2020 EPS estimates for Nike in a note issued to investors on Monday, April 27th. John Donahoe — President and Chief Executive Officer. /Type /Page >> Earnings, revenue, and direct to consumer sales all beat analyst expectations. 792 ] /Trans << >> Nike Inc (NKE) Q1 2021 Earnings ... Q1 2021 Earnings Call Sep 22, 2020, 5:00 p.m . endobj << /Contents 50 0 R /ImageI ] >> https://www.cnbc.com/2020/06/25/nike-nke-reports-q4-2020-earnings.html NIKE, Inc. does not update or delete Here’s What to Expect. Converse, a wholly-owned NIKE, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories. /F4+0 24 0 R << /F1 2 0 R /Parent 43 0 R They did great in a few areas. /ProcSet [ /PDF 0 Nike (NYSE:NKE +1.56%) has just announced its 2020 fourth-quarter financial earnings, which highlight a 38 percent drop in revenue amid the ongoing coronavirus pandemic. /ProcSet [ /PDF Nike’s competitor Under Armour reported weak earnings and revenue for the first quarter of 2020 due to the pandemic. Individuals can also visit http://news.nike.com and follow @NIKE. /Parent 43 0 R /Rotate 0 /ImageC Despite these expectations, the average S&P 500 valuation is around 22, compared with just 15 historically. 1 0 obj << /Contents 47 0 R % Page dictionary Nike (NKE) reported fiscal Q2 earnings after market close on December 18. endobj /ProcSet [ /PDF https://www.businesswire.com/news/home/20200528005752/en/, Investor Contact: /Text /Text John Donahoe — President and Chief Executive Officer. /ImageB << /Contents 49 0 R /Trans << >> Under Armour has made very difficult decisions of protecting its financial stability that includes temporary laying off teammates in the US retail stores and distribution centers. /Parent 43 0 R % u'fontFile:/wf/server_composition/fonts/fonts0/Arial.ttf(AAAAAA+ArialMT)': class PDFStream /XObject << /FormXob.a7b8661fdf97b9d8bcdb7140962aa42d 3 0 R >> >> << /Filter [ /FlateDecode ] The report will be for the fiscal Quarter ending Nov 2020. Direct to consumer sales are expected to rise YOY. Nike's management commentary on their 4th quarter 2020 earnings BEAVERTON, Ore., June 25, 2020 - NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2020 fourth quarter and full year ended May 31, 2020. /Text 792 ] /MediaBox [ 0 0 ;JiB@K-WkZZp*%:H'6,eu%UIc8"IIgXiki`d/!W/8Qm0b;ekT/KhF.O#nM:0cDZ9-OKhU,a8#RMC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8J!MC8T,f`~>endstream NIKE last released its earnings data on September 22nd, 2020. << /Contents 48 0 R /ImageB 612 The consensus EPS Estimate is $0.04 (-93.5% Y/Y) a /ImageC % Page dictionary /Rotate 0 /Trans << >> Matthew Friend — Executive Vice President, Chief Financial Officer. /Decode [ 1 endobj Earnings per share can be defined as a company's net earnings or losses attributable to common shareholders per diluted share base, which includes all convertible securities and debt, options and warrants. /ImageB Here’s What to Expect. /MediaBox [ 0 Dec. 06, 2020 5:35 PM ET Toll Brothers, Inc. (TOL) By: Akanksha Bakshi, SA News Editor Toll Brothers (NYSE: TOL ) is scheduled to announce Q4 earnings results on … The conference call will be broadcast live over the Internet and can be accessed at http://investors.nike.com. /ImageC Nike's gross margin fell more than 8 percentage points to 37.3% in Q4 FY 2020, compared to the same quarter a year ago. /DCTDecode ] % 'Page6': class PDFPage Before we look ahead, it’s worth noting that Nike’s Q4 FY20 sales fell 38%, as its stores were negatively impacted by coronavirus-based closures. NIKE Inc. NKE is slated to release fourth-quarter fiscal 2020 results on Jun 25. 6 0 obj Analysts: Alexandra Walvis — Goldman Sachs — Analyst. Nike (NYSE:NKE) is scheduled to announce Q4 earnings results on Thursday, June 25th, after market close. #nike #nke #stocks Show some love and hit that subscribe button. % Page dictionary Earnings per share: 78 cents vs. 62 cents, expected Revenue: $11.24 billion vs. $10.56 billion, expected As of market close on Friday, Nike shares have surged more than 37% this year. /MediaBox [ 0 /F6+0 32 0 R >> Revenue is expected to grow at a slow pace after falling amid COVID-19 shock. /Resources << /Font 1 0 R NIKE has confirmed that its next quarterly earnings report will be published on Friday, December 18th, 2020. Quarterly Earnings . 8 0 obj /Trans << >> /Width 524 >> Corporate Participants: Andy Muir — Vice President, Investor Relations. Financial Officer Q1 2021 earnings call 03/24/2020 05:00 PM ( EDT ) NKE … FY 2020 Q4 earnings release call. May have subsequently changed materially share history from 2006 to 2020 FY20 was year! 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