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This is a picture of Ray Kroc's first McDonald's restaurant in Des Plaines IL USA - now a museum.

McDonald’s Corporation (NYSE: MCD)

McDonald’s had a rough year throughout 2015. However, the company seems to be recovering, and that recovery is being helped by the company’s recent earnings report. Earlier today, MCD reported earnings, and the positive news is causing quite a bit of investor excitement. Today, we’ll take a look at earnings, how investors reacted to the news, other factors that are likely to cause improvements in the value of the stock, and what we can expect to see from MCD moving forward.

McDonald’s Beats Earnings Expectations

As mentioned above, MCD reported earnings early today as expected. The company beat expectations with regard to both earnings per share and top line revenue. Here’s what we saw from the report:

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  • Revenue – In terms of revenue, MCD reported $6.341 billion for the quarter. This came in well ahead of expectations in the amount of $6.236 billion.
  • Earnings – In the quarter, McDonald’s also blew away earnings expectations. While analysts expected the company to report earnings in the amount of $1.23 per share, the company actually reported earnings in the amount of $1.31 per share.

As you can see from the stats above, MCD reported incredibly positive earnings for the quarter.

How MCD Reacted In The Market

As investors, we have learned that there are few things that can cause upward movement in the market like solid earnings. In general, when a publicly traded company beats earnings expectations, we can expect to see solid growth in the value of the stock as a result. That’s exactly what we’re seeing from McDonald’s today. Currently (11:38), the stock is trading at $119.70 per share after a gain of 1.10% so far today.

Other Factors To Keep In Mind With Regard To MCD

As mentioned above, McDonald’s had a rough year throughout 2015. Unfortunately, the company’s sales simply couldn’t keep up with expectations. However, that’s changing, and for good reason. The big issue that MCD was facing was the fact that the company’s food has been viewed as unhealthy and poor quality for quite some time. Throughout 2015, MCD worked hard to change this view. They offered low calorie alternatives to their classics, artisan sandwiches, and more. As a result, sales started to climb.

Another thing that’s worth mentioning is sales that we’re seeing from McDonald’s outside of the United States. After all, international business is incredibly important to the company. With that said, we’re seeing strong growth in international sales, particularly in China and Europe. I know, this is strange considering economic conditions in those regions, but it really is what’s happening. Moving forward, I’m expecting to see the same growth continue internationally. Also, as MCD works to change the sentiment of US consumers with regard to its food, we can expect to see further increased sales here in the states. All in all, things are looking up for MCD!

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What Do You Think?

Where do you think MCD is headed moving forward? Let us know your opinion in the comments below!

[Image Courtesy of Wikipedia]

Golar LNG GLNG Stock News

Golar LNG Limited (USA) (NASDAQ: GLNG)

Golar LNG is having an incredible day in the market today, and for good reason. The company has finally come to an agreement with Schlumberger (NYSE: SLB). Today, we’ll discuss the details of the agreement, what it means for GLNG, how the stock reacted to the news, and what we can expect to see from the stock moving forward.

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GLNG Signs A Memorandum Of Understanding With SLB

As mentioned above, GLNG is having a great day in the market today after announcing that it has signed a Memorandum of Understanding with Schlumberger. Under the new agreement, the two companies will cooperate with regard to the development of greenfield, brownfield, and stranded gas reserves. According to the agreement, the two companies will work together with regard to investors, governments, and market gas monetization solutions to owners. The companies seem to be working relatively quickly as well. They expect to announce the first project under the agreement within the next two months.

How The Market Reacted To The News

Any time we see positive news with regard to a publicly traded company, we can expect to see gains in the value of the stock. That’s exactly what we’re seeing as a result of the news of this agreement. Currently (11:31), GLNG is trading at $16.79 per share after a gain of $4.85 per share or 40.62%.

What We Can Expect To See Moving Forward

Moving forward, I have a bit of a mixed opinion with regard to what we can expect to see. Ultimately, there’s good and bad surrounding GLNG. Here are the factors I’m watching:

  • The Good – The good news is the agreement. After all, the agreement between GLNG and SLB will likely lead to revenue. Under the agreement, the companies will be working together on several natural gas projects that were previously halted. This is great news as there is quite a bit of product to be extracted through these projects. This should drive some revenue and excite investors. Naturally, this would lead to gains.
  • The Bad – While the agreement is a great thing, there are a couple of bad things that we have to think about. First and foremost, global market conditions are in shambles. Sure, we’re seeing gains at the moment, but that doesn’t mean that the positive movement is going to continue. With resistance on the market, we can’t expect to see exponential growth from the stock over a long period of time. Also, it’s important to take a look at the energy sector. After all, the entire deal is associated with energy. When we look at the energy sector, we see more bad news for GLNG. Unfortunately, the price of oil has been at crisis levels for quite some time, driving prices down throughout the entire energy sector. This is likely to weigh heavy on any gains GLNG and SLB are expecting to see out of the new projects that are upcoming.

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The bottom line here is that while the agreement is a great thing, current market conditions simply don’t support strong long-run gains. So, I’m expecting to see relatively flat movement and the occasional downtrend while the world market attempts to recover.

What Do You Think?

Where do you think GLNG is headed and why? Let us know your opinion in the comments below!

[Image Courtesy of Wikipedia]

Disney DIS Stock News

Walt Disney Co (NYSE: DIS)

Disney is an incredible company. They have made an art out of capturing the imaginations of consumers young and old. However, the stock has had a rough time since late November. So, what’s causing the declines and will we see gains on the stock in 2016? Today, we’ll talk about why DIS is falling and what we can expect to see moving forward.

Why DIS Is Declining

Disney is having a rough time, there’s no denying that. Since November 20th, the overall trend on the stock has been downward. So, what’s going on? Well, think about what Disney does. The company is heavily into the entertainment industry. Now, let’s take a look at the global economy. China, Europe, Brazil, Japan…. they’re all struggling economically. What is it that people do when economic conditions are in the dumps? They save! That’s exactly what’s hurting DIS.

The reality is that when economic conditions are far from promising, consumers start to do everything they can to hold onto their pennies. While reducing reliance on oil is one of the first steps, another one of those first steps is reducing entertainment expenses. As a result, Disney is likely to see less by way of sales in just about every economy around the world. Ultimately, this will affect the bottom line at DIS and will drive the value of the stock downward. That’s exactly what we’ve been seeing as of late.

Will DIS Have A Good Year Overall In 2016?

This is a rough call, and I hate to be the bearer of bad news, but I have to tell you what I’m thinking here. Unfortunately, I’m not expecting DIS to end in the green. Then again, I’m not expecting to see the majority of stocks on the US market or any other market end in the green. The simple fact is that there are several issues driving the global economy down, and until that economy picks up, we can’t expect to see gains in DIS. Here are the factors causing pain in the global economy:

  • China – China’s economy is struggling. This is bad news for DIS because it’s the world’s second largest economy, and one of the biggest consumers of Disney products. On top of that, China creates pressure for much of the world. That’s because China is the world’s largest importer of raw materials. So mining economies like the UK, Europe, and others are feeling the pain.
  • Oil Prices – Oil prices are also playing a role in the pressure we’re seeing on economies around the world. After all, the oil crisis is causing pain for countries that are heavily dependent on the production and sale of that commodity.

The bottom line here is that it took years to get into the economic position the world is currently in, and it’s likely to take quite a while for economies to recover. This is bad news for DIS because the company does best under solid global economic conditions. As a result, I’m expecting to see further declines on the stock over the foreseeable future.

What Do You Think?

Where do you think DIS is headed and why? Let us know your opinion in the comments below!

[Image Courtesy of Wikipedia]

Netflix NFLX Stock News

Netflix, Inc. (NASDAQ: NFLX)

Netflix is having a rough day in the market today. After climbing in after hours trading as a result of earnings, it seems as though investors have dug into the the details and decided to drag NFLX down. Today, we’ll take a look at the Q4 earnings report from Netflix, how the market is reacting to the news, and what we can expect to see from NFLX moving forward.

Netflix Earnings Beat Expectations… There’s Only One Problem

As mentioned above, NFLX released it’s Q4 earnings report after the closing bell yesterday. While the earnings and revenue blew away expectations, there was one major concern. Here’s what we saw:

  • Earnings – Analysts expected to see Netflix produce earnings in the amount of $0.02 per share, a drastic decline from last year’s $0.10 per share. However, NFLX blew away those expectations, reporting earnings in the amount of $0.10 per share for Q4.
  • Top-Line Revenue – Top-line revenue came in just below what analysts expected to see. While analysts expected NFLX to produce revenue in the amount of $1.84 billion, the company generated revenue in the amount of $1.83 billion.

All told, the earnings report looks pretty good so far, right? Well, that is until you dig into the details. A major concern is user growth, and given what we’ve seen from Twitter over the past year, this could really harm the stock price. Initial guidance showed that NFLX expected to drive in 5.15 million million subscribers, with one third of these expected new subscribers coming from the United States. However, only 1.56 million US subscribers were added in the quarter, showing a slowing trend here in the states. The good news is that more than 4 million users were added in international markets, allowing NFLX to beat its overall forecast. However, a slowing trend in user growth in the US is a key cause for concern.

How The Market Reacted To The News

In the beginning it seemed like the market reaction to earnings was going to be overwhelmingly positive as we saw strong after hours gains. However, as investors dug into the details, the overall sentiment with regard to earnings changed quickly, leading to drastic declines in the value of the stock today. Currently (10:22), NFLX is trading at $100.76 per share after declining 6.61% so far today.

What We Can Expect To See From NFLX Moving Forward

Moving forward, I have a relatively mixed opinion with regard to what we can expect to see from NFLX. First and foremost, I want to say that this is a great company, and with their recent plan to penetrate the markets in more than 130 countries around the world, it only makes sense that we would see growth. However, with the poor user growth in the United States, it’s clear that there’s a good reason to be concerned with market saturation and the ability of the company to grow here in the country it calls home. As a result, I’m expecting to see further declines on NFLX in the short term. However, in the long run, I believe that international sales will be the driving force of growth for Netflix.

What Do You Think?

Where do you think NFLX is headed and why? Let us know your opinion in the comments below!

[Image Courtesy of Flickr]

Wal Mart WMT Stock News

Wal-Mart Stores, Inc. (NYSE: WMT)

Wal-Mart made an important announcement yesterday. The company will be closing quite a few stores around the world. Today, we’ll talk about plans the company has to close stores, whether or not investors should be concerned, and what we can expect to see from WMT moving forward.

WMT Plans Store Closures

Early yesterday, Wal-Mart announced that it has made plans to close 269 stores around the world. The closures are the end result of an active review of the company’s portfolio that started in October 2015 and addressed whether or not the company’s assets were aligned with its strategy. According to WMT, the store closures affect less than 1% of the company’s revenue as well as square footage in active stores. 154 of the 269 stores are located in the United States. In the country, WMT plans on closing 102 of it’s smallest locations, many of which are within 10 miles of another Wal-Mart or produce minimal gains.

Should Investors Be Concerned With Regard To Store Closures?

In my opinion, this should not be a cause for concern among investors. The reality is that WMT is closing its least successful stores to open the door for the building of more successful stores. The 102 smallest format stores are Walmart Express stores, an idea that has been in pilot mode since 2011. Instead of focusing on this pilot, WMT will focus on strengthening supercenters, optimizing neighborhood markets, expanding pickup services for customers, and growing its e-commerce business, all of which are more profitable ideas than Walmart Express. In a statement, Doug McMillon, CEO at WMT had the following to say with regard to the closures and resulting growth:

Actively managing our portfolio of assets is essential to maintaining a healthy business… Closing stores is never an easy decision, but it is necessary to keep the company strong and positioned for the future. It’s important to remember that we’ll open well more than 300 stores around the world next year. So we are committed to growing, but we are being disciplined about it.”

What We Can Expect To See From WMT Moving Forward

Moving forward, I have a relatively mixed opinion with regard to what I think we can expect to see from Wal-Mart. First and foremost, the news moves the market, and based on market movement following the announcement, it’s clear that investors weren’t too pleased with the news of store closures. So, in the short run, I am expecting for investor concern to cause more headaches for the stock. However, going off of statements made by the CEO of the company, as well as everything we’ve heard about WMT as of late, I believe that the store closures are actually a good thing. I’m sure that you’ve heard the term “A team is only as good as its weakest player.” Well, think of Wal-Mart stores as team WMT. To ensure that the team remains strong, WMT is trimming the fat so to speak. This is going to remove a ball and chain, allowing the company to grow further moving forward. With that said, I have an overwhelmingly bullish opinion of what we can expect to see from Wal-Mart in the long run.

What Do You Think?

Where do you think WMT is headed moving forward? Let us know your opinion in the comments below!

[Image Courtesy of Wikipedia]

Disney DIS Stock News

Walt Disney Co (NYSE: DIS)

Disney, known to be one of the sure bets on the market, isn’t looking to hot lately. Unfortunately, the stock is feeling the pain and has been for more than a month at this point. As a result, many investors are starting to ask whether or not we’re starting to reach the bottom of the downward movement. With a movie that’s breaking box office records and the ability to capture the imaginations of consumers, it only makes sense that this stock will climb again.  The only question is, “When?” Today, I’ll let you know my opinion on DIS and what we can expect to see moving forward.

My Opinion On Disney Stock

Disney is, and has been, one of my favorite stocks on the market for quite some time. The company is incredible. While other companies, like Universal, have tried to capture the imaginations of consumers young and old, none have been able to do so quite as well as Disney. So, overall, I’m very bullish on the stock. However, in the short term, more volatility may be to come. My opinion on the coming volatility is for a relatively simple reason.

Disney is a company that focuses on entertainment. Between movies, television shows, theme parks, and more, DIS is a company that does very well under positive economic conditions. Although economic conditions are relatively positive in the United States, that’s not necessarily the case around the world. The reality is some of the world’s largest economies, including Europe, China, Canada, and Japan, are struggling in a big way. Unfortunately for Disney, this is where quite a few of their theme park visitors come from.  Moreover, these countries are all places where DIS makes massive amounts of money from movie sales and more. With economic conditions doing poorly, Disney is likely to realize a lower volume of sales.

While Disney is not having the best of times in the market, it’s important to remember that DIS currently has a record breaking movie in theaters at the moment. That movie is “Star Wars: The Force Awakens”. In its third weekend in theaters, the movie raked in $88.3 million, which brings the total domestic income for DIS from this movie to $740.3 million. At this rate, Disney’s “Star Wars: The Force Awakens” will likely beat Avatar’s record for the highest grossing movie of all time on a domestic scale. If the movie performs as well in China, it will likely break even global box office records. However, while this will likely give Disney a boost in the market, I don’t think it will lead to long term growth. For that, we are going to need to see positive economic activity around the world.

What We Can Expect From DIS Moving Forward

Moving forward, I have a mixed opinion with regard to what we can expect to see from DIS. In the short term, things aren’t looking very good. Although “Star Wars: The Force Awakens” is raking in a massive amount of money, I still don’t believe that the amount of money made on the movie is enough to offset the lack of sales caused by slowing economic conditions around the world. However, in the long run, my opinion becomes far more bullish. Disney has made it through economic struggles many times in the past. While poor economic conditions may cause volatility over the next few months and maybe even longer, over the next year or more we can expect to see gains. Ultimately, economic issues aren’t going to last forever, and when they are over, DIS will climb!

What Do You Think?

Where do you think DIS is headed moving forward? Let us know your opinion in the comments below!

[Image Courtesy of Wikipedia]

Weight Watchers WTW Stock News

Weight Watchers International, Inc. (NYSE: WTW)

Weight Watchers has been having an incredible time in the market as of late, and for good reason. Oprah recently took quite a large stake in the company and has agreed to help with marketing by using her massive influence in the United States and around the world. Recently, we saw the fruits of this partnership as Oprah appeared in a commercial. Today, we’ll talk about the new commercial, what we saw in the market as a result, and what we can expect to see from WTW moving forward.

Oprah Winfrey Launches A Weight Watchers Commercial

As mentioned above, Oprah Winfrey recently launched a new Weight Watchers commercial. In her commercial, she sends a clear message to other women that are currently struggling with weight loss. The message is simple, Winfrey explains why she joined Weight Watchers and how the company can help other women. This may not sound like much if you don’t know who Oprah is, if you know the name as most people do, you know the incredible influence she has worldwide. Ultimately, the fact that Oprah launched this commercial means that WTW is all but guaranteed to see a larger sales volume in the near future.

How WTW Reacted In The Market

As history tells us, when something positive happens with regard to a publicly traded company, we tend to see a positive result in the market. That’s exactly the result we saw with regard to WTW as Winfrey’s new commercial launched. Yesterday, December 29th, WTW closed at $19.37 per share after a gain of 6.96%. Today, the bullish activity seems to be continuing. While we are still in pre-market trading, WTW is currently (8:26) trading at $20.03 after a gain of 3.41% so far.

Oprah Owns A Large Stake In WTW

For those of you who haven’t been following WTW closely, it’s important to keep in mind that Oprah recently purchased a large stake in the company. In October, she made a massive investment in WTW to take a 10% stake in the company. The investment she made at that time totaled about $43.2 million. At the time, Oprah offered a reason as to why she decided to make such a large investment. Here’s what she had to say:

Weight Watchers has given me the tools to begin to make the lasting shift that I and so many of us who are struggling with weight have longed for…”

What We Can Expect To See From Weight Watchers Moving Forward

Moving forward, I have an incredibly bullish opinion of what we can expect to see from WTW. First off, over the years, the company has gained and maintained dominance in the weight loss industry. Now with Oprah on their side, Weight Watchers is stronger than ever. After all, Oprah holds an incredible influence that first started from her talk show, which eventually turned the Oprah name into a brand in and of itself. All in all, things are looking overwhelmingly positive for WTW and there doesn’t seem to be any reason to expect declines any time soon.

What Do You Think?

Where do you think WTW is headed moving forward? Let us know your opinion in the comments below!

[Image Courtesy of Wikipedia]

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Pep Boys PBY Stock News

Pep Boys-Manny Moe and Jack (NYSE: PBY)

Thanks to recent takeover bids, Pep Boys has become an incredibly fun stock to watch as of late. Now, the bidding war is getting more fierce and it’s thanks to Carl Icahn’s desire to take the company over. Recently, Icahn changed his bid in an attempt to ensure victory in the bidding wars. Today, we’ll talk about what Icahn now bids to take over PBY, who Icahn is bidding against, how the market is reacting to the recent news, and what we can expect to see from PBY moving forward.

Carl Icahn Increases His Bid For PBY

Before Christmas, Carl Icahn made a bid to take over Pep Boys in a massive sale valued at $16.50 per share. However, yesterday Icahn changed his mind and decided to offer more. Now the billionaire investor is putting $18.50 per share on the line. So, what made Icahn up the ante? Well, it’s Bridgestone Corp. (BRDCY). Bridgestone is a Japanese manufacturing company that’s heavily focused on the tire industry. After Icahn made his bid of $16.50 per share, Bridgestone stepped in and offered $17 per share on Christmas Eve. As a result, the bidding war has commenced. However, instead of nickle and diming the bid, Icahn threw all of his chips on the table, raising his bid by $2 per share in a single move.

How The Market Is Reacting To The News

Ultimately, investors love to see take overs, especially when the price of the take over is at a premium. By bidding $18.50 per share to take over PBY, Icahn has offered a premium and fueled quite a bit of investor excitement. So naturally, the stock is up in a big way. While it is still very early in the day, PBY is currently (9:35) trading at $18.78 per share after a gain of 7.87%.

Who Will Win The Bidding War

While it’s clear that Bridgestone wants to take over PBY, it’s not likely that they’ll get the opportunity if Icahn keeps showing the cash he’s got on hand. You’ll notice Bridgestone upped Icahn’s original bid by a mere $0.50, but when Icahn responded, he responded with a $1.50 increase on what Bridgestone was offering. What I’m getting at here is that Icahn is taking a very aggressive role and making it clear that he’s not going to step down from this bidding war. As one of the richest men on the planet today, not only does he have the desire to take the company over, he’s got the cash to back up his plan! With that said, in the case of PBY, I’m expecting that Icahn is going to win the race.

What We Can Expect To See Moving Forward

While the outcome is unclear, one thing is certain: Bidding wars move prices upward. As the bidding war continues between Icahn and Bridgestone, we’re likely to see PBY continue increasing in value. However, that’s not the only reason PBY deserves to grow. The reality is that Pep Boys is a great company with a great management team. The company has a proven record of success and will likely continue the trend. Ultimately, this bidding war is simply helping PBY realize the growth the stock deserves.

What Do You Think?

Where do you think PBY is headed and why? Let us know your opinion in the comments below!

[Image Courtesy of Wikipedia]

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United Parcel Service UPS Stock News

United Parcel Service, Inc. (NYSE: UPS)

United Parcel Service has had an incredibly hard time in the market throughout the year 2015. However, I believe that the stock is primed for gains. Now may be the time to get in on this one. Today, we’ll talk about why UPS is likely to climb throughout 2016 and beyond.

UPS Has A Solid History Of Producing Strong Earnings

Earnings is one of the first things I look at when attempting to determine if a stock is a good one to buy. In the case of UPS, the company has historically produced solid earnings quarter after quarter. In fact, over the course of the past 4 quarters, the company has beat analyst expectations with regard to earnings 3 times and met earnings expectations 1 time. Not once over the past 4 quarters has UPS missed earnings expectations.

Fundamentally, UPS Is Headed Upward

While solid earnings are a great indication of a strong stock, I’ve seen several cases where, after several quarters of strong earnings, a company produces under expectations. So, it’s important to look at fundamental factors associated with the stock in question. In the case of UPS, there is one fundamental factor that’s likely to send the stock skyrocketing! That is a big change in consumer habits.

As most know, UPS specializes in shipping products. While consumers aren’t shipping letters and paying bills by mail as much today as they used to, these types of shipments have never been the bread and butter for UPS. For UPS, the bread and butter is the shipment of larger things. This leads us to a discussion over a major change in consumer habits!

In the past, when consumers wanted to purchase products, the first thing they thought of was going to the store and getting what they wanted. However, times are changing and so are consumer habits. Today, more and more consumers are grabbing their laptops, tablets, smartphones and more when they decide that it’s time to purchase a product. Online retail is expanding in a big way. Amazon, Ebay, Google and Facebook have all become great ways to find great deals and are growing in big ways because of the ways consumers are shopping today. In fact, IBIS World Research forecasts that online purchases will grow by 8.6% per year over the course of the next 5 years!

When shopping online, one thing is certain, products will need to be shipped. While companies have the ability to ship products using any carrier they would like, there’s no doubt that UPS is likely to take a large portion of those shipments. In fact, according to Statista, UPS takes the largest market share over any other shipping company. Even FedEx doesn’t come close to the market share held by UPS! Therefore, as online retail continues to grow, we can expect to see sustained growth in UPS shipments, revenue and earnings. This will likely lead to bullish activity in the market.

What We Can Expect To See In 2016

When it comes to UPS, I have an overwhelmingly bullish opinion of what we can expect to see from UPS. The reality is that when we talk about UPS, we’re talking about the shipping company that takes the largest market share. With online shopping climbing, it only makes sense that this company’s earnings would climb as well, leading to investor excitement and growth in the stock.

What Do You Think?

Where do you think UPS is headed and why? Let us know your opinion in the comments below!

[Image Courtesy of Wikipedia]

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Nike NKE Stock News

Nike Inc (NYSE: NKE)

Nike is having an incredible time in pre-market trading today after announcing earnings following the closing bell yesterday. Ultimately, earnings beat expectations, causing investor excitement and leading to incredible gains. Today, we’ll take a look at the earnings report, how investors reacted to the news and what we can expect to see from NKE moving forward.

Nike Earnings Come In Ahead Of Expectations

As expected, NKE released its earnings report for the second quarter of fiscal 2016 yesterday after the closing bell. While earnings came in ahead of expectations, revenue was a bit of a miss. Here’s what we saw from the earnings report:

  • Earnings Beat Expectations – In the case of earnings, NKE did incredibly well. During the quarter, the company generated $0.90 per share in earnings. This beat estimates of $0.86 per share by $0.04.
  • Revenue Is A Miss – Unfortunately, revenue wasn’t as positive as expected. In the quarter, NKE generated revenue in the amount of $7.69 billion. While this did prove to be a year-over-year growth of 4%, the figure missed analyst expectations of $7.81 billion.

While earnings was a miss, overall, the report was positive. In a statement, Mark Parker, CEO of NKE had the following to offer:

Our strong Q2 growth and profitability show that Nike continues to drive real momentum through the category offense – by going deep with consumers by sport and serving them completely… and our powerful global portfolio of businesses, combined with strong financial discipline, continue to drive significant shareholder value…”

How The Market Is Reacting To The News

Earnings just about always proves to be a catalyst. Whether it’s positive or negative, earnings tends to cause market movement. In this case, investors are clearly excited with regard to what they saw from NKE. Currently (8:07), the stock is trading at $135.25 after a gain of 2.63% so far today.

What We Can Expect To See From NKE Moving Forward

Moving forward, I have a relatively bullish opinion with regard to what we can expect to see from Nike. In the recent report, we found out that overall Nike sales were climbing in the most important markets. In China, arguably the most important market, Nike sales climbed by 24%. Sales were up by 9% in North America. Unfortunately, sales fell by 1% in Western Europe and in Central and Eastern Europe, sales fell by 6%. Nonetheless, these declines are to be expected considering poor economic conditions we’re seeing in Europe at the moment. Ultimately, Nike is making the right moves in the right areas, leading to solid gains in earnings and investor excitement. As a result, there’s little reason to expect declines any time soon.

What Do You Think?

Where do you think NKE is headed moving forward? Let us know your opinion in the comments below!

[Image Courtesy of Wikipedia]

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Thought Leader Discussions

Gevo, Inc. GEVO Stock News

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Gevo, Inc. (NASDAQ: GEVO) Before we get into this interview, I'd like to extend a special thanks to my friend Joey who both set up the...