https://www.reuters.com/business/retail-...022-09-30/

Quote:Nike on Thursday said it was expecting full-year gross margin to fall 200-250 basis points, as it was grappling with a strengthening dollar and ballooning inventory.

Quote:Nike shares fell to $84.20. If losses hold through the session, it would be Nike's biggest one-day percentage fall since March 2020 and shave off about $17 billion in market value.

Sooo, does this mean that the Big10 says: "Oregon and Washington, who?"

(09-30-2022 09:24 AM)Skyhawk Wrote:  https://www.reuters.com/business/retail-...022-09-30/

Quote:Nike on Thursday said it was expecting full-year gross margin to fall 200-250 basis points, as it was grappling with a strengthening dollar and ballooning inventory.

Quote:Nike shares fell to $84.20. If losses hold through the session, it would be Nike's biggest one-day percentage fall since March 2020 and shave off about $17 billion in market value.

Sooo, does this mean that the Big10 says: "Oregon and Washington, who?"

What does Nike's stock price in a bear market have to do with whether OU is an attractive expansion candidate?

It's one quarterly report. Anyone who has paid attention to the markets for any duration of time realizes...that they don't remember what company X's quarterly report 5, 10, or 20 years ago was like. The same will be true in 5 years of this report. No one will care about it.

People still need to have shoes on their feet. Nothing has changed with that. Enjoy the dip in stock price. Nike gets to buy a larger % of shares back with their buyback program and long term investors will be happy. This is actually great news for people worried about inflation. Seeing increased inventories means we have a supply glut and prices will go down. Let's hope it's not unique to Nike and is across the board.

(09-30-2022 10:24 AM)Eggszecutor Wrote:  It's one quarterly report. Anyone who has paid attention to the markets for any duration of time realizes...that they don't remember what company X's quarterly report 5, 10, or 20 years ago was like. The same will be true in 5 years of this report. No one will care about it.

People still need to have shoes on their feet. Nothing has changed with that. Enjoy the dip in stock price. Nike gets to buy a larger % of shares back with their buyback program and long term investors will be happy. This is actually great news for people worried about inflation. Seeing increased inventories means we have a supply glut and prices will go down. Let's hope it's not unique to Nike and is across the board.

Correct - this is just one of the ebbs and flows from quarter-to-quarter.

We have to differentiate between short-term movements in a stock price based on short-term earning reports (which seems to be the case with Nike here) versus more longer-term strategic reasons why a stock/industry might be impacted (e.g. the shift from Wall Street rewarding streaming subscriber growth in 2020-21 to caring much more about streaming profitability in 2022).

Quote: Sooo, does this mean that the Big10 says: "Oregon and Washington, who?"
What does Nike's stock price in a bear market have to do with whether OU is an attractive expansion candidate?

Sorry, this is a pet peeve of mine. The midwestern region that is home to the former Big Eight schools prioritizes the names of states (and cities) before the "U" even though the names are "University of ...."

Kansas, Nebraska, Missouri, Oklahoma and the schools named after municipalities such as Tulsa, Denver, Wichita used the designations such as TU, DU, WU (now WSU, obviously even though Wichita is not a state, but I digress).

Like it or not, it is a quirky thing about us that we like. Rock Chalk!

OU is not a designation used by the University of Oregon. OU IS a designation used by the University of Oklahoma. UO is the proper designation for Oregon.[/b]

(09-30-2022 10:35 AM)Frank the Tank Wrote:  

(09-30-2022 10:24 AM)Eggszecutor Wrote:  It's one quarterly report. Anyone who has paid attention to the markets for any duration of time realizes...that they don't remember what company X's quarterly report 5, 10, or 20 years ago was like. The same will be true in 5 years of this report. No one will care about it.

People still need to have shoes on their feet. Nothing has changed with that. Enjoy the dip in stock price. Nike gets to buy a larger % of shares back with their buyback program and long term investors will be happy. This is actually great news for people worried about inflation. Seeing increased inventories means we have a supply glut and prices will go down. Let's hope it's not unique to Nike and is across the board.

Correct - this is just one of the ebbs and flows from quarter-to-quarter.

We have to differentiate between short-term movements in a stock price based on short-term earning reports (which seems to be the case with Nike here) versus more longer-term strategic reasons why a stock/industry might be impacted (e.g. the shift from Wall Street rewarding streaming subscriber growth in 2020-21 to caring much more about streaming profitability in 2022).

So first, this isn't merely "quarter to quarter". If you think it is, you may want to look at how a lot of the market has moved since January.

Anyway, as the article noted, this is related to how box stores are still being impacted post-covid.

just as streaming (as you note) is also still being affected post-covid.

there's been an overall shift on the market.

and the overall loss of 17 Billion (with a B) in market cap is no joke - just ask WarnerBros Discovery about their 20B loss in market cap and see if it's a mere fluctuation.

Anyway, my point in all of this was that there are those on this board who seem to think that OR automatically gets a B10 invite, merely because of Nike.

And that just doesn't seem as likely at the moment.

(09-30-2022 01:13 PM)Skyhawk Wrote:  

(09-30-2022 10:35 AM)Frank the Tank Wrote:  

(09-30-2022 10:24 AM)Eggszecutor Wrote:  It's one quarterly report. Anyone who has paid attention to the markets for any duration of time realizes...that they don't remember what company X's quarterly report 5, 10, or 20 years ago was like. The same will be true in 5 years of this report. No one will care about it.

People still need to have shoes on their feet. Nothing has changed with that. Enjoy the dip in stock price. Nike gets to buy a larger % of shares back with their buyback program and long term investors will be happy. This is actually great news for people worried about inflation. Seeing increased inventories means we have a supply glut and prices will go down. Let's hope it's not unique to Nike and is across the board.

Correct - this is just one of the ebbs and flows from quarter-to-quarter.

We have to differentiate between short-term movements in a stock price based on short-term earning reports (which seems to be the case with Nike here) versus more longer-term strategic reasons why a stock/industry might be impacted (e.g. the shift from Wall Street rewarding streaming subscriber growth in 2020-21 to caring much more about streaming profitability in 2022).

So first, this isn't merely "quarter to quarter". If you think it is, you may want to look at how a lot of the market has moved since January.

Anyway, as the article noted, this is related to how box stores are still being impacted post-covid.

just as streaming (as you note) is also still being affected post-covid.

there's been an overall shift on the market.

and the overall loss of 17 Billion (with a B) in market cap is no joke - just ask WarnerBros Discovery about their 20B loss in market cap and see if it's a mere fluctuation.

Anyway, my point in all of this was that there are those on this board who seem to think that OR automatically gets a B10 invite, merely because of Nike.

And that just doesn't seem as likely at the moment.

I'm quite well aware of the overall market conditions since January (as my portfolio reminds me), which means it makes even less sense to attribute any actions or non-actions by parties in college sports to whether the stock price of Nike goes up or down.

Now, the stock prices of media companies are certainly relevant to college football. As you've mentioned, Warner Bros. Discovery is way down and Disney's stock is down nearly 40% year-to-date. That certain dampens the enthusiasm for Disney to pay more for any ESPN sports rights than what's absolutely necessary (namely the NFL and NBA).

(09-30-2022 01:28 PM)Frank the Tank Wrote:  

(09-30-2022 01:13 PM)Skyhawk Wrote:  

(09-30-2022 10:35 AM)Frank the Tank Wrote:  

(09-30-2022 10:24 AM)Eggszecutor Wrote:  It's one quarterly report. Anyone who has paid attention to the markets for any duration of time realizes...that they don't remember what company X's quarterly report 5, 10, or 20 years ago was like. The same will be true in 5 years of this report. No one will care about it.

People still need to have shoes on their feet. Nothing has changed with that. Enjoy the dip in stock price. Nike gets to buy a larger % of shares back with their buyback program and long term investors will be happy. This is actually great news for people worried about inflation. Seeing increased inventories means we have a supply glut and prices will go down. Let's hope it's not unique to Nike and is across the board.

Correct - this is just one of the ebbs and flows from quarter-to-quarter.

We have to differentiate between short-term movements in a stock price based on short-term earning reports (which seems to be the case with Nike here) versus more longer-term strategic reasons why a stock/industry might be impacted (e.g. the shift from Wall Street rewarding streaming subscriber growth in 2020-21 to caring much more about streaming profitability in 2022).

So first, this isn't merely "quarter to quarter". If you think it is, you may want to look at how a lot of the market has moved since January.

Anyway, as the article noted, this is related to how box stores are still being impacted post-covid.

just as streaming (as you note) is also still being affected post-covid.

there's been an overall shift on the market.

and the overall loss of 17 Billion (with a B) in market cap is no joke - just ask WarnerBros Discovery about their 20B loss in market cap and see if it's a mere fluctuation.

Anyway, my point in all of this was that there are those on this board who seem to think that OR automatically gets a B10 invite, merely because of Nike.

And that just doesn't seem as likely at the moment.

I'm quite well aware of the overall market conditions since January (as my portfolio reminds me), which means it makes even less sense to attribute any actions or non-actions by parties in college sports to whether the stock price of Nike goes up or down.

Now, the stock prices of media companies are certainly relevant to college football. As you've mentioned, Warner Bros. Discovery is way down and Disney's stock is down nearly 40% year-to-date. That certain dampens the enthusiasm for Disney to pay more for any ESPN sports rights than what's absolutely necessary (namely the NFL and NBA).

I think you're helping making my point.

Companies carry a lot less influential bat to swing when their pocketbook is less full.

(09-30-2022 10:35 AM)Frank the Tank Wrote:  

(09-30-2022 10:24 AM)Eggszecutor Wrote:  It's one quarterly report. Anyone who has paid attention to the markets for any duration of time realizes...that they don't remember what company X's quarterly report 5, 10, or 20 years ago was like. The same will be true in 5 years of this report. No one will care about it.

People still need to have shoes on their feet. Nothing has changed with that. Enjoy the dip in stock price. Nike gets to buy a larger % of shares back with their buyback program and long term investors will be happy. This is actually great news for people worried about inflation. Seeing increased inventories means we have a supply glut and prices will go down. Let's hope it's not unique to Nike and is across the board.

Correct - this is just one of the ebbs and flows from quarter-to-quarter.

We have to differentiate between short-term movements in a stock price based on short-term earning reports (which seems to be the case with Nike here) versus more longer-term strategic reasons why a stock/industry might be impacted (e.g. the shift from Wall Street rewarding streaming subscriber growth in 2020-21 to caring much more about streaming profitability in 2022).

Nike is getting hurt with the strong dollar globally. The dollar is strong because other currencies are depreciating against it, a lot of which is impacted by uncertainty in the commodity markets. Also fed policy of quantitative tightening is causing the dollar to soar.

Eventually the dollar is going to crash and once it does consumer discretionary stocks like Nike are going to fly. Probably once we get on the other side of winter and a 5% fed funds rate is priced in.

The whole market is down about 15% over the past month.

Nike's stock value is still $130.37 billion as of this post, making it the 73rd largest company in the world.

Nike still pays more for athlete sponsorships than any other company on the planet. It's still the only company that can substantially change a whole conference's NIL compensation. That's not going away anytime soon.

(09-30-2022 10:49 AM)CO Jayhawk Wrote:  

Quote: Sooo, does this mean that the Big10 says: "Oregon and Washington, who?"
What does Nike's stock price in a bear market have to do with whether OU is an attractive expansion candidate?

Sorry, this is a pet peeve of mine. The midwestern region that is home to the former Big Eight schools prioritizes the names of states (and cities) before the "U" even though the names are "University of ...."

Kansas, Nebraska, Missouri, Oklahoma and the schools named after municipalities such as Tulsa, Denver, Wichita used the designations such as TU, DU, WU (now WSU, obviously even though Wichita is not a state, but I digress).

Like it or not, it is a quirky thing about us that we like. Rock Chalk!

OU is not a designation used by the University of Oregon. OU IS a designation used by the University of Oklahoma. UO is the proper designation for Oregon.[/b]

Correct, Oregon is known as UO, or just O

(09-30-2022 10:49 AM)CO Jayhawk Wrote:  

Quote: Sooo, does this mean that the Big10 says: "Oregon and Washington, who?"
What does Nike's stock price in a bear market have to do with whether OU is an attractive expansion candidate?

Sorry, this is a pet peeve of mine. The midwestern region that is home to the former Big Eight schools prioritizes the names of states (and cities) before the "U" even though the names are "University of ...."

Kansas, Nebraska, Missouri, Oklahoma and the schools named after municipalities such as Tulsa, Denver, Wichita used the designations such as TU, DU, WU (now WSU, obviously even though Wichita is not a state, but I digress).

Like it or not, it is a quirky thing about us that we like. Rock Chalk!

OU is not a designation used by the University of Oregon. OU IS a designation used by the University of Oklahoma. UO is the proper designation for Oregon.[/b]

But isn't it the University of Oklahoma?