Report
Cedric Rossi

Luxury & Fashion: Nike leaves the Covid-19 behind with very strong Q1 earnings

Luxury & Fashion
Nike leaves the Covid-19 behind with very strong Q1 earnings

Q1 sales were 16% above CS expectations…
… as DTC and digital go full steam!
Higher promotional activity still weighs on GM
NIKE confident enough to provide FY21 guidance
Read-across to ADS: near-term bumps but secular drivers confirmed
Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Cedric Rossi

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