Published 09/29/2023 9:00:58 p.m.

Nike Q1 Profits Surpass Estimates

Summary by The Dallas Express News

After six consecutive quarters of decline, Nike surpassed Wall Street expectations by reporting a profit of $1.45 billion in Q1. The boost put the fitness apparel giant at 94 cents profit per share, beating analysts’ projections of 75 cents per share. Noting that Nike has “pricing power,” David Swartz, a senior equity analyst at Morningstar, said the latest figures mean the company “will be able to avoid really severe discounting compared to som…

0 Articles

0 Articles

All

Left

Center

Right

The Dallas Express News

Nike Q1 Profits Surpass Estimates

After six consecutive quarters of decline, Nike surpassed Wall Street expectations by reporting a profit of $1.45 billion in Q1. The boost put the fitness apparel giant at 94 cents profit per share, beating analysts’ projections of 75 cents per share. Noting that Nike has “pricing power,” David Swartz, a senior equity analyst at Morningstar, said the latest figures mean the company “will be able to avoid really severe discounting compared to som…

09/29/2023 9:00:58 p.m.

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Stories disproportionately reported by the Left or the Right

Coverage Details

Total News Sources0

Leaning Left0Leaning Right1Center0Last Updated09/29/2023 10:18:34 p.m.Bias Distribution

100% Right

Bias Distribution

100% of the sources lean Right

100% Right

The Dallas Express News

Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

Similar News Topics

Stories disproportionately reported by the Left or the Right

Similar News Topics

Trending Topics

Donate Privacy Policy Manage Cookies Terms and Conditions

© 2024 Snapwise Inc