"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
It's not even that - they will hire lawyers and accountants to structure their holdings so that they will not be taxed anywhere near the projections. Meanwhile the govt will spend 2x the projected revenue and wonder why we are growing the deficit.Originally Posted by sonatine
You should take a listen to the All In Podcast - they cover this topic in a recent episode. It's pretty interesting the effect this law could have on entrepreneurs.
Latest blow for Nike: Back-to-school shoe trends, Stifel says
Published Thu, Aug 29 202411:26 AM EDT
Alex Harring
@alex_harring
Young consumers are increasingly opting for New Balance sneakers or Adidas Sambas, according to Stifel Financial. That could be the latest hit to struggling Nike
shares, according to the investment bank.
Nike still reigns supreme and carries the most popular shoe with its Dunk, said analyst Jim Duffy. But he said other areas of Nike’s shoe business are eroding — and chipping away at its market share. Meanwhile, competitors offering bold alternatives are seeing momentum.
Stifel’s back-to-school survey shows “consumers embracing newness across a range of trends and increasing popularity of challenger brands,” Duffy wrote in a report earlier this week. “The result is one of the most fresh, colorful, and exciting back-to-school product lineups at multi-branded retail in years.”
Nike Inc
NKE
ANALYST CONSENSUS
41
Ratings
Buy
8 Strong Buy
13 Buy
18 Hold
2 Underperform
0 Sell
Specifically, he said two styles of shoes are gaining traction, including brands and styles that consumers will likely recognize on the street.
The first is the “dad” shoe, which encompasses brands like New Balance and Asics. Nike’s Vomero 5 also falls into this category.
The other is a “terrace” shoe, with Duffy pointing to Adidas’ Samba, Gazelle and Campus lines. Samba has gained particular pop culture relevance, being spotted on the feet of everyone from pop star Olivia Rodrigo to former UK Prime Minister Rishi Sunak.
While Vomero gains in popularity, however, Duffy said several of Nike’s court styles, such as the Air Force 1, Jordan 1 and Blazer, are falling out of favor. Loss of interest in these staples is concerning, Duffy said, given that they have been a “foundation” for Nike’s “dominance.”
Other Jordan shoes, as well as the Air Max 270 and Vapor Max, are also fading, Duffy said.
Stifel’s survey shows just how much Nike is sliding. “Style references” for Nike at six retail chains, while still the largest share, have tumbled to 88.2% in the current back-to-school season from 61.4% in 2023. New Balance shot to 15.5% from 7.7% when comparing the same two periods. Adidas jumped to 13.6% from just 0.5%.
Style references during the 2023 and 2024 back to school seasons
Brand Style references in 2023′s back to school season (%) Style references in 2024′s back to school season (%)
Nike 88.2 61.4
New Balance 7.7 15.5
Adidas 0.5 13.6
Vans 0.5 2.7
Source: Stifel’s annual back-to-school footwear survey in August
As a result, Duffy is “proactively” cutting earnings estimates for Nike’s North America business. He said these trends have led to questions whether Nike can see percentage growth for revenue in the middle single digits in the 2025 fiscal year, or if revenue will turn around in the fiscal fourth quarter.
Duffy also cut his price target on the stock by $9 to $79. That implies a 6.3% downside from where the stock finished Monday.
Struggles during this closely-watched shopping season could be the latest blow for floundering Nike shares. The stock has tumbled more than 21% in 2024, putting the athletic retailer on pace for its third straight losing year.
Nike, year to date
That has made Nike the third worst performer in the Dow Jones Industrial Average
for 2024, behind only Intel
and Boeing
.
Still, Duffy is harsher than the majority of Wall Street. While Duffy has a hold rating, the most popular rating from analysts polled by LSEG is a buy.
What’s more, the average price target implies Nike shares can bounce more than 7% over the next year.
https://www.cnbc.com/2024/08/29/late...ifel-says.html
Latest blow for Nike: Back-to-school shoe trends, Stifel says
Published Thu, Aug 29 202411:26 AM EDT
Alex Harring
@alex_harring
Young consumers are increasingly opting for New Balance sneakers or Adidas Sambas, according to Stifel Financial. That could be the latest hit to struggling Nike
shares, according to the investment bank.
Nike still reigns supreme and carries the most popular shoe with its Dunk, said analyst Jim Duffy. But he said other areas of Nike’s shoe business are eroding — and chipping away at its market share. Meanwhile, competitors offering bold alternatives are seeing momentum.
Stifel’s back-to-school survey shows “consumers embracing newness across a range of trends and increasing popularity of challenger brands,” Duffy wrote in a report earlier this week. “The result is one of the most fresh, colorful, and exciting back-to-school product lineups at multi-branded retail in years.”
Nike Inc
NKE
ANALYST CONSENSUS
41
Ratings
Buy
8 Strong Buy
13 Buy
18 Hold
2 Underperform
0 Sell
Specifically, he said two styles of shoes are gaining traction, including brands and styles that consumers will likely recognize on the street.
The first is the “dad” shoe, which encompasses brands like New Balance and Asics. Nike’s Vomero 5 also falls into this category.
The other is a “terrace” shoe, with Duffy pointing to Adidas’ Samba, Gazelle and Campus lines. Samba has gained particular pop culture relevance, being spotted on the feet of everyone from pop star Olivia Rodrigo to former UK Prime Minister Rishi Sunak.
While Vomero gains in popularity, however, Duffy said several of Nike’s court styles, such as the Air Force 1, Jordan 1 and Blazer, are falling out of favor. Loss of interest in these staples is concerning, Duffy said, given that they have been a “foundation” for Nike’s “dominance.”
Other Jordan shoes, as well as the Air Max 270 and Vapor Max, are also fading, Duffy said.
Stifel’s survey shows just how much Nike is sliding. “Style references” for Nike at six retail chains, while still the largest share, have tumbled to 88.2% in the current back-to-school season from 61.4% in 2023. New Balance shot to 15.5% from 7.7% when comparing the same two periods. Adidas jumped to 13.6% from just 0.5%.
Style references during the 2023 and 2024 back to school seasons
Brand Style references in 2023′s back to school season (%) Style references in 2024′s back to school season (%)
Nike 88.2 61.4
New Balance 7.7 15.5
Adidas 0.5 13.6
Vans 0.5 2.7
Source: Stifel’s annual back-to-school footwear survey in August
As a result, Duffy is “proactively” cutting earnings estimates for Nike’s North America business. He said these trends have led to questions whether Nike can see percentage growth for revenue in the middle single digits in the 2025 fiscal year, or if revenue will turn around in the fiscal fourth quarter.
Duffy also cut his price target on the stock by $9 to $79. That implies a 6.3% downside from where the stock finished Monday.
Struggles during this closely-watched shopping season could be the latest blow for floundering Nike shares. The stock has tumbled more than 21% in 2024, putting the athletic retailer on pace for its third straight losing year.
Nike, year to date
That has made Nike the third worst performer in the Dow Jones Industrial Average
for 2024, behind only Intel
and Boeing
.
Still, Duffy is harsher than the majority of Wall Street. While Duffy has a hold rating, the most popular rating from analysts polled by LSEG is a buy.
What’s more, the average price target implies Nike shares can bounce more than 7% over the next year.
https://www.cnbc.com/2024/08/29/late...ifel-says.html
i wonder if this was written by AI:
Stifel’s survey shows just how much Nike is sliding. “Style references” for Nike at six retail chains, while still the largest share, have tumbled to 88.2% in the current back-to-school season from 61.4% in 2023. New Balance shot to 15.5% from 7.7% when comparing the same two periods. Adidas jumped to 13.6% from just 0.5%.
it went from 88 to 61, not from 61 to 88.
in any case, literally my only thoughts are we are hitting a 30 year support line and getting 3.34 to 1 rr. but this is probably why i dont fuck with stocks, i like shiny things.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
LULULEMON ATHLETICA SHARES DOW 8.9% AFTER THE BELL FOLLOWING RESULTS
how did i not know we can gamble on lululemon
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Evs crash through guardrails due to their weight.
Now consider ‘fender benders’ that will become fatalities.
Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same.
Ronald Reagan
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
I have been dismissing your Nike posts. Clearly, somewhere along the line I missed your thesis. Can you give me the broad stokes sir
The Man Who Made Nike Uncool
https://archive.ph/Osz41
Things that are uncool are in my wheelhouse as lol wow has observed on numerous occasions.
I have been dismissing your Nike posts. Clearly, somewhere along the line I missed your thesis. Can you give me the broad stokes sir
The Man Who Made Nike Uncool
https://archive.ph/Osz41
Things that are uncool are in my wheelhouse as lol wow has observed on numerous occasions.
its an immortal brand and no ones going to just let it die, its price hit a super consistent support level, and its a classic 'when everyone says its trash but its not going to die, buy' play. also macro trends should give it some wings etc etc.
like for a 300%+ payout in about 13 months , those are good qualities to look for.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
this is the guy spewing cum onto every ripe egg he can find.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
There are currently 1 users browsing this thread. (0 members and 1 guests)
Reply With Quote
