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Nike stock plunges amid lackluster sales forecast
  + stars: | 2024-06-28 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNike stock plunges amid lackluster sales forecastBob Drbul, Guggenheim Securities senior managing director, joins ‘Squawk Box’ to discuss Nike as the company's stock plunged following their projection of a more significant sales decline next year.
Persons: Bob Drbul Organizations: Nike, Guggenheim Securities
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMacy's is off to an encouraging start with new leadership, says Guggenheim's Bob DrbulBob Drbul, Guggenheim Securities equity research analyst, joins 'Squawk Box' to discuss Macy's quarterly earnings results, how the company's restructuring efforts are going, and more.
Persons: Bob Drbul Bob Drbul Organizations: Guggenheim Securities
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDeflation is right around the corner, says Guggenheim's Bob DrbulBob Drbul, Guggenheim Securities retail analyst, joins 'Power Lunch' to give his read on the big box retailer and the consumer.
Persons: Bob Drbul Bob Drbul Organizations: Guggenheim Securities
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNo company connects with the consumer better than Nike, says Guggenheim's Bob DrbulBob Drbul, Guggenheim Securities retail analyst, joins 'Squawk on the Street' to discuss why Drbul's sticking with his price target for Nike, why there's been weakness in Nike stock, and Drbul's issues with Foot Locker.
Persons: Bob Drbul Bob Drbul, Locker Organizations: Nike, Guggenheim Securities
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI feel very comfortable with the next 12 months for Nike stock, says Guggenheim's Bob DrbulBob Drbul, Guggenheim Securities, joins 'Squawk on the Street' to discuss Nike's quarterly earnings results, whether the company will reach its long-term targets, and much more.
Persons: Bob Drbul Bob Drbul Organizations: Nike, Guggenheim Securities
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