Nike keeps getting its lunch eaten by competitors, with no clear way to turn the ship around. It now expects fiscal 2027 revenue to decline by high single digits, per @negligible_cap. Caitlin Clark isn't the savior, and the stock isn't worth touching. x.com  x.com 

Nike is a stagnant company losing pricing power, pointing to more tough years for shareholders. Revenue fell 4% last quarter, the only line still shrinking while gross margin expanded, inventory fell 3% and North America grew 2%, per the quoted post. x.com 

Nike's brand concerns look priced in; stabilization, not sudden revenue acceleration, is what the speculative long needs. A few good campaigns and a return to large stores could help, though China consumers will be a drag. Short-term EPS is a poor indicator, and customers may return after trying other brands. x.com  x.com 

Nike, like other apparel makers, is uninvestable because a durable moat is near impossible in this business. Consumer preferences keep changing, requiring constant new marketing to keep people excited, and making a physical product leaves an inherently low-margin business with little long-term pricing power. A major turnaround is possible, but the business model gives no confidence in its long-term strength. x.com 

Nike is a broken business for now, in a highly competitive space where a company this large struggles to change course. The same chart of weak results has been repeatable every quarter for two to three years. x.com  x.com  x.com 

Nike's dividend yield, now high versus its ten-year history, is the new question for investors and makes the stock very interesting at these levels. The numbers have not bottomed, guidance was atrocious and parts of the business are getting worse, offset somewhat by better US wholesale. The guidance implies Nike will use some cash to fund the dividend, but it has plenty. The stock remains too expensive on earnings and too cheap on dividend yield. x.com  x.com  x.com  x.com  x.com 

Nike's dividend will have to be cut unless earnings double in a quick turnaround, because earnings now run below the payout. As @valuemaverick1 notes, Nike has the cash to sustain the dividend, but it does not earn it, so it should not be hiking it; that shows the Dividend Aristocrat label is worthless and the dividend a manipulated signal. Long extremely mispriced, the stock is still adjusting to new realities. The only reason to own Nike would be improving free cash flow and earnings. x.com  … Show more

Nike might not bottom until it cuts or eliminates its dividend, since net income is down 75% over five years and it cannot afford the payout. This could be one of the hardest turnarounds ever: it is getting clobbered on all fronts, China won't be coming back soon, products need a serious makeover and it overpays too many pro athletes. It needs to preserve cash, bring in new people and ideas, and find a way to bring excitement back to the brand. x.com  x.com 

Nike is the best stock to buy when others are fearful. x.com 

Nike is still super expensive even if it pulls a magic trick on margins, and the stock has been a buy-the-dip nightmare because the brand became uncool. It can keep existing while slowly fading, which is a terrible investment case. x.com  x.com