Bryan Garnier - Luxury Fashion: NIKE: significant supply chain issues take a toll on Q1 and FY22 sales trends

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Bryan Garnier

Cedric Rossi

Luxury & Fashion: NIKE: significant supply chain issues take a toll on Q1 and FY22 sales trends

Luxury & Fashion
NIKE: significant supply chain issues take a toll on Q1 and FY22 sales trends

Supply chain headwinds have already dented Q1 sales trends…
The situation deteriorated further over the summer…
… causing a huge cut to FY22 revenue outlook
ADS: brace for a possible upward revision of that supply chain headwind
Contingency measures can only partly mitigate these industry-wide challenges

24/09/2021 4 EN

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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.

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Analysts

Cedric Rossi

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Luxury & Fashion: NIKE: significant supply chain issues take a toll on Q1 and FY22 sales trends

Jeronimo Martins: Q1 topping expectations; price war ongoing in Poland

Nel: Capacity reservation agreement with Hy Stor Energy

Hermès Q1 2024: still best-in class

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