|Bid||10,080.00 x 0|
|Ask||12,649.00 x 0|
|Day's range||10,750.00 - 11,025.00|
|52-week range||6,100.00 - 11,025.00|
|Beta (5Y monthly)||0.90|
|PE ratio (TTM)||290.59|
|Forward dividend & yield||36.21 (0.33%)|
|Ex-dividend date||27 Aug 2021|
|1y target est||N/A|
Supply chain delays, labor shortages, and production problems are causing Nike to lower its sales guidance.
In this industry, how much the brand resonates with consumers means everything. And Nike is at the top.
What might have helped Nike (NYSE: NKE) in good times, such as exposure to fast-growing regions like China, is now hurting the company as it faces supply chain issues worldwide. In this video clip from "Beat & Raise," recorded on Sept. 24, Fool.com contributors Neil Patel, Brian Withers, and Demitri Kalogeropoulos review how Nike is handling its current inventory challenges amid competition from retailers like Lululemon (NASDAQ: LULU). Neil Patel: Something that's pretty eye-opening to look at for these companies that sell physical products is look at the revenue trend and look at the growth and inventory.