Nike is Falling | Trappin Tuesday's (Wallstreet Trapper)

Trappin Tuesday's

Wallstreet Looks Like Us Now Network

Business, Wallstreet Trapper, Investing, Entrepreneurship

4.9 • 2K Ratings

🗓️ 8 October 2022

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

How did Nike Win but Still Fall? Well tap in, and let me explain. We back for another edition of Trappin Tuesday's. This week we doing internal, that thing we don't see. It's easy to see External Wealth, but what is the Mindset behind Wealth? What does Internal Wealth Look like for you? Wealth evolves into Legacy, and there's no Greater Joy than being responsible enough to become that person who will avenge Poverty for your Family Bloodline. Business, Investment & Lea...

Transcript

Click on a timestamp to play from that location

0:00.0	And then.
0:01.0	The Alright, man, so listen, man, the reason why I bring this up man because this was important.
0:20.5	So Nike B earners last week and revenue, right?
0:25.0	But the biggest story is what called the stock to fall by 11%?
0:30.0	Right? What caused the stock to fall by 11%?
0:34.0	Right? Here's what happened.
0:37.0	Nike also reported that they had too much inventory.
0:40.0	They said they had two... inventory.
0:47.0	They said they had too much inventory. Now, the Nike inventory grew by 65% year over year,
0:51.0	and it grew by 44% last quarter alone.
0:55.0	What happens?
0:56.0	Too much inventory.
0:58.0	Now, Trapp, having too much inventory is never a bad thing.
1:02.0	Wrong. Wrong.
1:04.0	Wrong.
1:06.0	In this game it is.
1:08.0	Watch this next slide.
1:10.0	Watch this next slide so you can see it.
1:16.0	Because Nike has so much inventory, now they got to get off the old inventory
1:19.0	to prepare for the new inventory
1:27.0	and now they got to sell the old inventory at a discount price. So who benefits from that?
1:32.0	Who benefits from Nike?
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Wallstreet Looks Like Us Now Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Wallstreet Looks Like Us Now Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.