How did Nike’s Q4 revenue increase 13 percent?
Feb 28, 2019 · Q4 gross profit was $175 million, down $4 million on lower sales volumes of both golf balls and golf clubs. Gross margin was basically flat at 50.9%.
Why did Dell’s earnings rise 15 percent in Q4?
Feb 06, 2019 · Image source: The Motley Fool. Callaway Golf Co (NYSE: ELY) Q4 2018 Earnings Conference Call Feb. 06, 2019 , 5:00 p.m. ET Contents: .
How much did Nike make in 2018 fiscal year?
Feb 28, 2019 · 5.5 percent decrease in net sales (4.6 percent decrease on a constant currency basis) of Titleist golf clubs as product launches of our TS drivers and TS fairways in September 2018 were offset by lower volumes in irons which were launched in the third quarter of 2017.
What are the first quarter projections for 2020?
They include the estimated impact of certain factors, including (1) the coronavirus which is estimated to have a negative impact of $20 million on net sales and $10 million on Adjusted EBITDA, (2) changes in foreign currency effects, which are estimated to have a negative impact of $5 million on net sales and $5 million on Adjusted EBITDA, and (3) incremental tariff expense of $4 million on cost of goods sold and Adjusted EBITDA. For the sake of simplicity, these will be referred to collectively as the "Q1 Macrofactors".
What are the projections for 2020?
They include the estimated impact of certain factors, including (1) the coronavirus which is estimated to have a negative impact of $25 million on net sales and $13 million on Adjusted EBITDA, (2) changes in foreign currency effects, which are estimated to have a negative impact of $9 million on net sales and $10 million on Adjusted EBITDA, and (3) incremental tariff expense of $3 million on cost of goods sold and Adjusted EBITDA. For the sake of simplicity, these will be referred to collectively as the "Full-Year Macrofactors".
Prepared Remarks
Ladies and gentlemen, thank you for standing by, and welcome to the Acushnet Holdings Corp. 4Q 2019 earnings conference call. [Operator instructions]Please be advised that today's conference is being recorded. [Operator instructions] I would now like to turn the conference over to Ms.
Call participants
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Fourth Quarter Income Statement Review
Revenues for NIKE, Inc. increased 13 percent to $9.8 billion, up 8 percent on a currency-neutral basis.**
Fiscal 2018 Income Statement Review
Revenues for NIKE, Inc. rose 6 percent to $36.4 billion, up 4 percent on a currency-neutral basis.
May 31, 2018 Balance Sheet Review
Inventories for NIKE, Inc. were $5.3 billion, up 4 percent from May 31, 2017, primarily driven by strong demand globally.
Share Repurchases
During the fourth quarter, NIKE, Inc. repurchased a total of 23.1 million shares for approximately $1.6 billion as part of the four-year, $12 billion program approved by the Board of Directors in November 2015. As of May 31, 2018, a total of 149.4 million shares had been repurchased under this program for approximately $8.7 billion.
Conference Call
NIKE, Inc. management will host a conference call beginning at approximately 2:00 p.m. PT on June 28, 2018, to review fiscal fourth quarter and full year results. The conference call will be broadcast live via webcast and can be accessed at http://investors.nike.com.
About NIKE, Inc
NIKE, Inc., based near Beaverton, Oregon, is the world’s leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Wholly-owned NIKE, Inc.
How much has the Dow Jones lost?
Since the beginning of the year, the Dow Jones Industrial Average has lost about 10 percent of its value, as did the S&P 500. The Nasdaq dropped roughly 8 percent. The vast majority of losses have come since October, when the stock market, which was experiencing the longest bull run in history, took a turn for the worst.
When did the stock market get boosted?
The market was further boosted at the end of 2017 and into the beginning of 2018 by the Republican tax cut package Trump signed into law at the end of last year.
Is the stock market forward looking?
The stock market, in contrast, is forward looking; investors are always trying to guess what is going to happen next and how it might affect a company and its profitability. “It’s human nature to think about the economy in good or bad terms,” said Sonders.
Is the Dow Jones Industrial Average overvalued?
The Dow Jones Industrial Average index had tripled since the low of the Great Recession. Some stock watchers warned companies were overvalued. The Shiller price to earnings ratio — a statistic that compares a company’s earnings to its number of shares and is sometimes used as a way ...
