In this article, we’ll talk about the performances of Nike’s (NKE) key brands, Nike and Converse, and their key geographies.
Nike reported a 23.6% year-over-year rise in its earnings per share (or EPS) to $0.68 during fiscal 3Q17. The company outperformed Wall Street analysts’ estimate by a huge margin.
Nike (NKE) reported its fiscal 3Q17 results after the market closed on March 21, 2017. Its results relate to the three-month period that ended on February 28, 2017.
According to a Reuters consensus, Tsakos Energy Navigation has a consensus rating of 1.9, which means a “buy.”
At the end of the fourth quarter, Tsakos’s debt rose $177.0 million from the previous quarter. Rising debt was due to the delivery of its newbuilds.
Tsakos Energy Navigation’s (TNP) operating cash flow in 4Q16 was $32.2 million. That compares to $44.8 million in the previous quarter.
Tsakos Energy Navigation (TNP) has a fleet of 65 double hull vessels consisting of a mix of crude oil tankers, product tankers, and LNG carriers.
In 4Q16, Tsakos Energy Navigation’s EBITDA was $53.4 million. That’s 31.0% higher than the previous quarter’s EBITDA of $40.5 million.
Tsakos Energy Navigation (TNP) posted revenue of $130.0 million in 4Q16, which was 19.0% higher than $109.0 million in 3Q16.
Oil demand in 2016 rose 1.6 million barrels per day. In 2017, oil demand growth is forecast at 1.4 million barrels per day.
On March 17, 2017, Tsakos Energy Navigation (TNP) announced its 4Q16 earnings. Its net revenues were $99.1 million, which was $17.0 million more than 3Q16.
Dollar General’s (DG) EPS rose 12% year-over-year to $4.43 for fiscal 2016.
In fiscal 4Q16, Dollar General’s (DG) top line increased 13.7% year-over-year to $6 billion.
Dollar General (DG) released its fiscal 4Q16 and fiscal 2016 results on March 16, 2017. Dollar General’s adjusted earnings per share rose 14.6% to $1.49, beating the consensus by $0.08.
It appears that eBay (EBAY) is on the same path that rival Alibaba (BABA) has traveled: trying to capture growth by promoting cross-border e-commerce.
The share buyback program of e-commerce giant eBay (EBAY) is likely to become more moderate in 2017.
The company’s management appears to believe that while e-commerce competition is heating up, the competition is still manageable.
As of March 10, 2017, 14 out of 23 analysts surveyed (61%) had issued a “buy” recommendation for Ulta stock. Nine analysts have given it a “hold” rating.
In fiscal 2016, Ulta Beauty added 69 new brands and implemented over 500 prestige brand expansions.
Ulta’s gross margin declined in fiscal 4Q16, though the company’s operating margin improved on a YoY basis.