Australia markets closed

NIKE, Inc. (0QZ6.L)

LSE - LSE Delayed price. Currency in USD
Add to watchlist
111.120.00 (0.00%)
At close: 06:14PM GMT
Full screen
Previous close111.12
Open111.01
BidN/A x N/A
AskN/A x N/A
Day's range104.50 - 106.37
52-week range82.24 - 131.00
Volume1,013
Avg. volume66,470
Market capN/A
Beta (5Y monthly)1.10
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings date27 June 2024 - 01 July 2024
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Yahoo Finance Video

    How discount stores are carrying the retail sector

    While consumer spending has remained relatively strong through inflation, retailers have struggled to stay relevant, with Macy's (M) announcing it will shutter 150 locations. Discount retailers like The TJX Companies (TJX) and Burlington Stores (BURL), however, have held up as consumers seek sales elsewhere under the pressure of inflation. JLL Americas President of Retail Naveen Jaggi joins Yahoo Finance Live to discuss the state of retail and the consumer, as well as the success of brands like Burlington. He discusses Burlington's recent growth and how it relates to the consumer: "Today, they're opening over 60 stores a year and they're taking 50, 60, 70,000 square feet in some places. To me, I'm watching that entire sector and saying where the US consumer is shopping, that's the sector I want to watch because that tells me where we spend our dollars has the most sustainability in the long run and today more than ever, the dollar value sector is grabbing a more lion's share of the US consumer than ever before." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

  • Yahoo Finance Video

    Athleisure Boom: Analysts bullish on Lululemon, cautious on Nike

    Athleisure is becoming the next big trend, with over 200 new brands entering the market since the COVID-19 pandemic. CFRA Research Analyst Zachary Warring and Head of the William Blair Equity Research Group Consumer Sector Sharon Zackfia join Yahoo Finance Live to discuss their perspectives on stocks within the booming industry. Warring names Lululemon (LULU) a buy in athleisure, noting that the brand grew 70% in the Chinese market, while Nike (NKE) only grew 6% in the same market. Warring upgrades Lululemon to a Strong Buy rating, explaining that the current stock pressure is an opportunity given Lululemon's continued strong margins. Regarding Nike, Warring expresses skepticism, stating that it is challenging to see where the company can find "its next level of growth." Although Nike is a worldwide brand, he believes its market is saturated and international markets are growing weaker. Zackfia supports Warring's positive outlook on Lululemon, stating that the brand's US sales were "very healthy" despite some pressure, and the macro headwinds are "things they can fix." Additionally, Zackfia names Under Armour (UA, UAA) as another Buy recommendation, highlighting the brand's leadership transition, which she believes will enable the company to "harvest more margin." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith

  • Yahoo Finance Video

    Lululemon 'can't keep outgrowing market' when it's the leader

    Athletic apparel brands Nike (NKE) and Lululemon (LULU) are falling Friday morning as the two stocks take a hit despite both companies topping their latest earnings expectations. Bernstein Senior Analyst Aneesha Sherman shares her insights on the athletic wear stocks, particularly Lululemon as it continues to capture more market share from luxury retail consumers. "Year-to-date, in January [and] continuing into February and early March, the trends have been very weak in the US market, in particular. Management talked about this on the call yesterday, they said there was some challenging US consumer dynamics — traffic is flowing, conversion is flowing," Sherman says. "I think it's a combination of macro, the middle-income consumer is getting squeezed right now and that is the Lulu consumer..."  For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.