Nike Stock Is Tumbling Wednesday: What's Going On?
Nike Stock Is Tumbling Wednesday: What's Going On?
"NIKE's first quarter results largely met our expectations. A comeback at this scale takes time, but we see early wins — from momentum in key sports to accelerating our pace of newness and innovation," said Nike Inc (NYSE:NKE) shares are trading lower Wednesday on the heels of the company's first-quarter financial results. Multiple analysts lowered price targets on the stock following the print.
耐克公司（紐交所：NKE）股票週三交投下跌，原因是公司發佈的第一季度財務結果。多位分析師在公佈後下調了該股的目標價格。
What Happened: Nike missed revenue estimates of $11.65 billion, turning in first-quarter revenue of $11.59 billion, but the athletic footwear and apparel company beat on the bottom line, reporting first-quarter earnings of 70 cents per share versus estimates of 52 cents per share.
事件經過：耐克未達到116.5億美元的營收預期，第一季度營業收入爲115.9億美元，但這家運動鞋和運動服公司在底線上有所超出，第一季度每股盈利爲70美分，超過了每股52美分的預期。
Total revenues were down 10% year-over-year as North America sales fell 11%, Greater China sales fell 4%, European sales fell 13% and Asia Pacific and Latin American sales fell 7%. Nike Direct revenues were down 13%, Nike Brand revenues were down 10% and Wholesale revenues were down 8%.
總營收同比下降10％，北美銷售下降11％，大中華銷售下降4％，歐洲銷售下降13％，亞太和拉丁美洲銷售下降7％。耐克直營收入下降13％，耐克品牌收入下降10％，批發收入下降8％。
"NIKE's first quarter results largely met our expectations. A comeback at this scale takes time, but we see early wins — from momentum in key sports to accelerating our pace of newness and innovation," said Matthew Friend, executive vice president and CFO of Nike. "Our teams are energized as Elliott Hill returns to lead NIKE's next stage of growth."
「耐克的第一季度結果基本符合我們的預期。這樣規模的復甦需要時間，但我們看到了早期的成功，從關鍵體育項目的勢頭到加快我們的新產品和創新步伐，」耐克執行副總裁兼首席財務官Matthew Friend表示。「我們的團隊正在充滿活力，因爲Elliott Hill回歸領導耐克下一個增長階段。」
Nike withdrew its full-year guidance and positioned its Investor Day amid the CEO transition. Hill, a longtime Nike veteran, is set to take over for exiting CEO John Donahoe on Oct. 14.
耐克撤回全年指引，並將投資者日安排在首席執行官交接期間。長期效力於耐克的老將Hill將於10月14日接替即將離任的首席執行官John Donahoe。
On the conference call following earnings, Friend said the company has tempered its revenue expectations for the full year, citing traffic trends on Nike Digital and retail sales trends, per CNBC. Nike now expects second-quarter revenue to be down 8% to 10% and gross margin to fall versus last year.
在業績後的電話會議上，Friend表示，公司已經調整了全年營收預期，原因是耐克數字化和零售銷售的流量趨勢。耐克現在預計第二季度營收將下降8％至10％，毛利率也將比去年有所下降。
"We continue to see indications of slight second-half improvement in revenue trends versus our first half. As we plan to introduce and scale newness and innovation across the marketplace, we now expect gross margins to decline versus the prior year," Friend said on the call.
「我們繼續看到全年下半年營收趨勢略有改善的跡象。在我們計劃在市場上推出和擴大新產品和創新的同時，我們現在預計毛利率將比去年下降。」Friend在電話會議上說。
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別錯過：儘管第三季度交付超出共識並同比增長，特斯拉股價仍下跌3％
Following the company's quarterly results, multiple analysts adjusted price targets on the stock.
在公司季度業績公佈後，多位分析師調整了股票的目標價。
- BofA Securities analyst Lorraine Hutchinson maintained Nike with a Buy and lowered the price target from $104 to $100.
- BofA證券分析師Lorraine Hutchinson維持耐克股票買入評級，並將目標價從104美元降至100美元。
- Truist Securities analyst Joseph Civello maintained Nike with a Hold and lowered the price target from $85 to $83.
- Truist證券分析師Joseph Civello維持耐克股票持有評級，並將目標價從85美元降至83美元。
- UBS analyst Jay Sole maintained Nike with a Neutral and raised the price target from $78 to $82.
- UBS分析師Jay Sole維持耐克股票中立評級，並將目標價從78美元上調至82美元。
- Evercore ISI Group analyst Michael Binetti maintained Nike with an Outperform and lowered the price target from $110 to $105.
- Evercore ISI Group分析師Michael Binetti維持耐克股票跑贏大盤評級，並將目標價從110美元降至105美元。
- RBC Capital analyst Piral Dadhania maintains Nike with a Sector Perform and lowered the price target from $85 to $82.
- RBC Capital分析師Piral Dadhania維持耐克股票板塊表現評級，並將目標價從85美元降至82美元。
NKE Price Action: Nike shares were down 6.48% at $83.35 at the time of publication Wednesday, according to Benzinga Pro.
NKE股價走勢：根據Benzinga Pro的數據，週三發佈時，耐克股價下跌了6.48%，報83.35美元。
Photo: Shutterstock.
照片：shutterstock。
譯文內容由第三人軟體翻譯。