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Showing posts with the label operating overhead

Nike (NKE) Stock Analysis

W hat ’ s up investors , another stock analysis this time we're taking a look at Nike ticker symbol NK E . I do own shares of Nike , but it should not impact how I analyze this company . L ike I said , they just reported earnings today . S o it's actually really exciting . S o I'll go through those we've got the three months ended. I t was our Q4 technically . S o they've got their 12-month ended , and Nike's a really interesting company because we've got this whole C OVID- 19 thing happening . Nike had all their stores closed , they had sports basically around the world not being played . S o Nike , out of all companies , should be very heavily impacted by the virus . Y ou see revenues down 38% . S o after Nike posted these earnings , only down about 3% , which really takes us back to a price that we saw like last week or so . S o not heavy action in Nike , we'll see if the earnings that we go ...