Nike To Gain From Innovation Reacceleration And Strengthening Inventory Backdrop, Goldman Sachs Analyst Says
Nike To Gain From Innovation Reacceleration And Strengthening Inventory Backdrop, Goldman Sachs Analyst Says
Goldman Sachs analyst Brooke Roach reiterated a Buy rating on the shares of Nike Inc (NYSE:NKE) with a price target of $118.00. Nike's F4Q earnings result is scheduled for June 27.
高盛分析師布魯克·羅奇（Brooke Roach）重申對耐克公司（NYSE:NKE）股票的買入評級並將目標價定爲118.00美元。耐克公司F4Q季度業績將於6月27日公佈。
The analyst is encouraged by the green shoots in Nike's innovation portfolio, and looks for a greater understanding of NKE's future innovation pipeline and plan to scale these new innovations on the company's F4Q earnings call.
分析師鼓勵耐克創新組合中的新生力量，並期待更好地了解其未來的創新管道和計劃，以在公司F4Q業績會中探討如何實現規模化增長。
Nike's product franchise lifecycle management efforts will weigh on F1H revenue growth, particularly in the company's DTC channel, said the analyst.
這位分析師表示，耐克產品的特許經營週期管理將對未來一年上半年的銷售額增長造成影響，特別是對 DTC 渠道的影響尤爲明顯。
These efforts, according to the analyst, could potentially have an uneven effect on quarterly sales growth throughout the fiscal year.
分析師認爲，這些努力可能對季度銷售增長產生不穩定的影響。
For F1H25, NKE called for -LSD% revenue growth. Since this outlook was provided in late March, the analyst has seen choppy macro trends including FX volatility, traffic, and consumer sentiment.
由於外匯波動、交通流量和消費者情緒等因素的影響，自3月下旬提出這一展望以來，對F1H25的營收增長預期爲-LSD%。
Also Read: Nike's Multiyear Cost-Cutting Strategy Leads To Layoffs In Europe: Report
另請閱讀耐克多年來的削減成本策略導致歐洲裁員報道
So, the analyst reflects the investor's concerns regarding NKE's FY25 formal outlook and the nuances within, with some concern on the potential weighting of quarterly growth cadence, FX, and any impact of ongoing conservatism in wholesale order books.
因此，分析師反映了投資者對耐克FY25正式展望及其內部細節的關注，對季度增長節奏、外匯、批發訂單保守性的影響有一定的擔憂。
The analyst expects gross margin-led profit expansion opportunity for NKE into FY25, with structural drivers from price/mix, full price sales, supply chain efficiency, and other supply chain drivers such as freight providing tailwinds.
分析師預計，耐克將在FY25實現毛利率推動的利潤增長機會，價格/混合、全價銷售、供應鏈效率和其他供應鏈驅動因素如貨運將提供順勢而爲的支持。
The analyst notes NKE's momentum in China will also be a key focus into F4Q results, particularly within DTC ecommerce.
分析師指出，耐克在中國的勢頭也將成爲F4Q業績的重點，特別是在DTC電子商務領域。
With a choppy near-term path for growth, the analyst continues to notice NKE will benefit from innovation reacceleration, a strengthening inventory backdrop, and margin recapture.
儘管成長的路徑可能會有所波折，但分析師認爲耐克將從創新再加速、強勁的庫存背景和利潤重獲中獲益。
Price Action: NKE shares are trading lower by 1.84% at $94.11 at the last check Wednesday.
股票走勢：耐克的股票，週三最後一次檢查時以94.11美元交易，下跌1.84%。
Read Next: Nike Wins Partial Victory in Three-Stripe Trademark Battle with Adidas
閱讀下一篇耐克在與阿迪達斯的“三條線”商標之爭中獲得了部分勝利
Photo via Shutterstock
圖片來自shutterstock。
譯文內容由第三人軟體翻譯。