Andy Muir /Resources << /Font 1 0 R (971) 473-3143, Media Contact: Nike Inc Q4 2020 earnings call dated June 25, 2020. % Page dictionary Nike Q4 2020 Earnings, Sales Miss Bets, Stock Down Amid Coronavirus – Europabio News endobj /ImageI ] >> 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. This transcript is provided by NIKE, Inc. only for reference purposes. Nike (NYSE:NKE) is scheduled to announce Q4 earnings results on Thursday, June 25th, after market close. /ProcSet [ /PDF Following the news release, NIKE management will host a conference call beginning at 2:00 p.m. PT to review results. 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. << /Contents 45 0 R 1 0 obj % 'Page4': class PDFPage 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). << /Contents 46 0 R Nike (NKE) reports Q4 2020 earnings, shares fall on unexpected loss June 26, 2020 admin Retail Business 0 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. /Rotate 0 /Encoding /WinAnsiEncoding /Parent 43 0 R /MediaBox [ 0 /Type /Page >> << /F1 2 0 R /Text 0 /Trans << >> /Type /Page >> 792 ] NIKE has generated $1.85 earnings per share over the last year and currently has a price-to-earnings ratio of 82.8. Following the news release, NIKE management will host a conference call beginning at 2:00 p.m. PT to review results. /ImageC View source version on businesswire.com: 0 % 'Page6': class PDFPage << /Contents 48 0 R NIKE Inc. NKE is slated to release fourth-quarter fiscal 2020 results on Jun 25. Piper Sandler analyst E. Murphy now anticipates that the footwear maker will earn ($0.29) per share for the quarter, down from their prior estimate of $0.36. 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. 792 ] Nike stock fell. Earnings, revenue, and direct to consumer sales all beat analyst expectations. They did great in a few areas. /Resources << /Font 1 0 R (. The leading sports apparel retailer is likely to have witnessed sales growth in the quarter under review. 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. << /BitsPerComponent 8 endobj 612 << /Contents 49 0 R endobj Despite the … /Resources << /Font 1 0 R Mark Rhodes /ImageI ] >> NIKE will be holding an earnings conference call on Friday, December 18th. 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. • 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 NIKE Inc. NKE is slated to release second-quarter fiscal 2021 results on Dec 18. /ProcSet [ /PDF 5 0 obj Act 0.78 Est 0.59 Q3 2020 Nike Inc Earnings Call 03/24/2020 05:00 PM (EDT) NKE. Nike is laying off staff and announces a $790 million loss in its latest quarterly earnings. Nike Earnings: NKE Stock Falls 3% on Q4 Misses NKE missed EPS and revenue estimates By William White , InvestorPlace Writer Jun 25, 2020, 4:23 pm EST June 25, 2020 % 'BasicFonts': class PDFDictionary 792 ] 0 Corporate Participants: Andy Muir — Vice President, Investor Relations. /XObject << /FormXob.a7b8661fdf97b9d8bcdb7140962aa42d 3 0 R >> >> % Page dictionary /Subtype /Image NIKE annual and quarterly earnings per share history from 2006 to 2020. 0 Prior to Q4, Nike's gross margin ranged between 43% … Act 0.7 Est 0.58 Q2 2020 Nike Inc Earnings Call 12/19/2019 05:00 PM (EST) NKE. /ImageC % 'Page8': class PDFPage /ImageC Despite these expectations, the average S&P 500 valuation is around 22, compared with just 15 historically. NIKE Inc. NKE is slated to release fourth-quarter fiscal 2020 results on Jun 25. endobj /Text NIKE last released its earnings data on September 22nd, 2020. Nike Inc (NYSE: NKE) Q4 2020 Earnings Call Transcript https://news.alphastreet.com/nike-inc-nyse-nke-q4-2020-earnings-call-transcript/ 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. /F4+0 24 0 R Nike, stock NKE, recently released their Q4 2020 and 2020 Fiscal year earnings. /Text /MediaBox [ 0 % Page dictionary /Parent 43 0 R (503) 532-8877, NIKE, Inc. The report will be for the fiscal Quarter ending Nov 2020. /Trans << >> << /Contents 47 0 R /F2+0 16 0 R 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. 0 stream /MediaBox [ 0 /Trans << >> /Trans << >> /Type /Page >> %PDF-1.3 This transcript is provided by NIKE, Inc. only for reference purposes. endobj Analysts: Alexandra Walvis — Goldman Sachs — Analyst. /Length1 13856 >> NIKE, Inc. does not update or delete endobj Nike Inc Q4 2020 earnings call dated June 25, 2020. % Page dictionary /Type /Page >> % Page dictionary Nike Inc (NKE) Q4 2020 Earnings Call Transcript NKE earnings call for the period ending May 31, 2020. Its revenue for the quarter was down .6% on a year-over-year basis. << /Contents 44 0 R 792 ] 6 0 obj endobj /Resources << /Font 1 0 R endobj 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. 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, July 9, 2020. /Rotate 0 /MediaBox [ 0 View the Nike Inc. News Archive. The footwear maker reported $0.95 EPS for the quarter, topping analysts' consensus estimates of $0.46 by $0.49. 0 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. The firm earned $10.59 billion during the quarter, compared to analysts' expectations of $9.15 billion. /Trans << >> Information presented was current only as of the date of the conference call and may have subsequently changed materially. << /Filter [ /FlateDecode ] /Text endobj % Page dictionary /Height 208 792 ] 612 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 Inc (NKE) Q1 2021 Earnings ... Q1 2021 Earnings Call Sep 22, 2020, 5:00 p.m . NIKE annual and quarterly earnings per share history from 2006 to 2020. Nike (NKE) slips to a loss in Q4, misses estimates June 25, 2020 September 11, 2020 Nike Inc. ( NYSE: NKE ) slipped to a loss in the fourth quarter of 2020 from a profit last year due to the closure of its stores arising from the rapid spread of the COVID-19 pandemic. Converse, a wholly-owned NIKE, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories. /Rotate 0 – Barron’s Barron's 16 hours Nike Reports Earnings … /Length 742 >> Analysts: stream /Subtype /Type1 https://www.businesswire.com/news/home/20200528005752/en/, Investor Contact: Direct to consumer sales are expected to rise YOY. 1 /Length 36152 According to Zacks Investment Research, based on 12 … 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. https://hypebeast.com/2020/8/nike-2020-q4-financial-earnings-report % 'Page5': class PDFPage 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