As the whole universe has heard by now, Nike, in the most asinine move ever perpetrated in the business world, has decided to make the ungrateful National Anthem-kneeling, cop-hating, millionaire, never-was-ball-tosser, Colin Kaepernick the face of their company by making him the face of their renewed 30-year-old “Just do it” marketing campaign.
But here is the best part of this whole saga that was produced by this now anti-American and anti-cop company that is Nike. The right in this country and even some on the left who don’t hate all we stand for decided to boycott. In an odd turn of events though, a week later, Nike announced that in the weekend following the reveal of their anti-American campaign sales skyrocketed.
But today they are singing a different tune via The Street:
“Nike shares fell to the bottom of the Dow Jones Industrial Average Wednesday after the world’s biggest sportswear maker held onto it full-year earnings targets despite the expected support of a controversial ad campaign featuring former NFL quarterback Colin Kaepernick.
“Nike said earnings for the three months ending in August, its fiscal first quarter, came in at 67 cents a share, topping the consensus forecast of 63 cents and rising 17.5% from the same period last year. Group sales, the company said, rose 9.7% to just under $10 billion, again ahead of Street forecasts. However, a smaller-than-expected improvement in gross margins, as well as a tepid assumption for growth despite the headline-grabbing Kaepernick campaign, pushed shares lower in extended-hours trading.
“We’re motivated to inspire our consumer to connect and engage and inspire,” CEO Mark Parker told investors on a conference call late Tuesday. “We feel actually very good and very proud of the work that we’re doing with Just Do It, introducing Just Do It to the new generation of consumers, on the 30th anniversary of the campaign when it first debuted.”
“Like many campaigns, it’s driving a real uptake, I think in traffic and engagement, both socially as well as commercially,” Parker added. “We’ve seen record engagement with the brand as part of the campaign. And our brand strength, as you well know, is key dimension that contributes to the ongoing momentum that we’re building across the NIKE portfolio.”
“Nike shares were marked 2.4% lower at the opening bell and changing hands at $82.75 each, a move that trims the stock’s year-to-date gain to just under 31.75% and value the Beaverton, Ore.-based group at around $135.7 billion.
“We are maintaining our full-year guidance for fiscal year ’19,” said CFO Andy Campion. “Specifically, we expect revenue growth in the high single digits, albeit at the lower end of that range as operational upside will likely be somewhat offset by FX headwinds.”
“We expect gross margin to expand 50 basis points or slightly greater, SG&A to grow in the high single digits and our effective tax rate to be in the mid-teens,” he added. “Other expense net of interest expense is now projected to be an expense of $100 million to $125 million.”
“Nike said its gross margin for the first quarter improved by 50 basis points to 44.2%, noting that selling and administrative expenses rose 7% to just over $3.1 billion.
“North American revenues, which comprise around half of overall group sales, rose 5.6% to $4.145 billion. Rival Adidas AG (ADDYY), however, said its last quarter sales in North America, where it is stealing market share from Nike on a consistent basis, rose 7% to just over $1.27 billion. Adidas’ gross margin was also expanding at a faster clip, rising 2.2 percentage points to 523%.
“In China, where the two sportswear giants are going head-to-head, Adidas second-quarter sales, which comprise the three months ending in June, rose 27% from the same period last year while Nike’s first-quarter sales in China rose 24% to $1.379 billion.
“Nike unveiled its new advertising campaign featuring Kaepernick, a former NFL quarterback who inspired a series of nation-wide protests against police brutality and social injustice but courted controversy by kneeling during the playing of the national anthem, earlier this month.
“Nike chose Kaepernick, who is currently suing the National Football League for collusion after he failed to find a spot on any team roster despite leading the San Francisco 49ers to the Super Bowl in 2013, to lead the 30th anniversary of its iconic ‘Just Do It’ campaign that includes tennis superstar Serena Williams and skateboarder Lacey Baker. Kaepernick’s participation was first made public via his official Twitter account with the phrase “Believe in something, even if it means sacrificing everything.”
“Engagement from the campaign, despite initial controversy and criticism from President Donald Trump, has been nonetheless been solid: analysts estimate its Instagram account has gained 170,000 new followers and the online sales jumped by 31% over the three-day period in which the ad was released. Nike shares, too, have risen 6.5% since the ad’s launch, adding around $6 billion to the group’s market value.”
Now you see what really happened here is that when they announced their Kaepernick campaign and the right said they would boycott, the left went out and bought Nike gear. Why? well, because the left has become like a toddler who throws temper tantrums everytime they are told “no.”
So since the right is against it they have to be for it. But what Nike forgot is the left may raise their bottom line for a weekend or two, but they have very short attention spans and they might just buy the products only to turn around and return them later since they actually had to pay for them. But those of us on the right never forget.
Speaking for myself, Nike gear is the only sports gear I have bought in the last 25 years. I know about the slave labor and all that, but they fit me the best. But I will never buy another Nike product again! Ever! In fact, I have now started buying Under Armor and New Balance, not because I need them, but because I’m ashamed to wear my Nike gear in public.
Nike, what were you thinking?
NFL Team Replaces American Flag With Enraging New Version – Grossly Unacceptable
As TV ratings dwindle, stadiums suffered from low attendance this weekend – as photos of thousands of empty seats make their way around social media, and football season gears up, players choosing to take a knee in protest during the National Anthem shows no sign of abating. Meanwhile, the NFL itself continues to be utterly tone-deaf to the majority of America.
A recent NBC News/Wall Street Journal poll found that 54% of Americans polled believe kneeling during the National Anthem is inappropriate. Only 44% state they do not mind the kneeling players, according to the Washington Times. The poll revealed that those that no longer choose to follow the NFL as a result of the protest had grown by 10% since the last time the poll was taken in 2014.
Even as much of the mainstream media and sports media alike continue to loudly support protests and players insist that it is their First Amendment right to conduct them, it appears that for all intents and purposes they have failed to convince the rest of America of their message. Many have chosen to simply tune out rather than continue to support what they view as complete disrespect for combat veterans, the fallen and their families.
Those choosing to protest and their supporters insist that the protests are not about any offense to the military but while perhaps they do not intend to do so, that is exactly what they are doing. And, since the NFL’s future depends on selling overpriced ad spots to massive corporations looking for a consistent number of eyeballs, alienating any group of viewers, for whatever reason, is just bad for business.
Consistent with the tone-deaf message of the NFL, the Green Bay Packers management made an epic blunder in their recent choice to display a rather odd looking variation on the American flag. During the pre-game ceremony, Green Bay Packers displayed a made-up version of the American flag during the National Anthem, which was three solid color stripes with the blue stripe containing the stars.
Social media exploded with those fans that still choose to follow the NFL and the Packers with commentary ranging from that “what in the world is that?” to “that’s not my flag!”
— Jeff Bonilla (@jeff_bonilla18) September 30, 2018
The message was loud and clear. That is not the American flag and the Green Bay Packers should get rid of this banner immediately. Perhaps this might be the one occasion where taking a knee during the National Anthem might be acceptable and appropriate?
Pictures of the pregame ritual before the Green Bay Packers-Buffalo Bills matchup on Sunday went viral after several fans at Lambeau Field snapped photos of a red, white and blue flag with modified stars and stripes.
Either way, it seems Green Bay got the message as the team announced directly after the game that it will no longer use the “banner,” according to Fox 11.
— steve 🏴 (@Stevee5) September 30, 2018
As the local news affiliate reports:
“During the National Anthem, the team used a red, white and blue banner. The banner had stars on the blue stripe.
“It’s not American, not American at all,” said Sandy Austin. “There are a lot of people who have quit the NFL because of the pre-game stuff and all that’s going on.”
“In a statement, Packers spokesman Aaron Popkey said the banner was not meant to represent the American flag.
“‘The banner used during Sunday’s pregame ceremony supplemented the three U.S. flags on the roof of the stadium and the flag carried by the color guard on the field. We’ve used such displays from time to time in the past when other pregame elements take up a significant portion of the field. To avoid causing confusion, we will not be using such displays in the future.'”
The #GreenBayPackers used this for the #American flag in pregame festivities! I guess it’s not enough to disrespect the flag by kneeling now the @NFL allows a team to completely reconstruct our national flag! Reason enough to #BoycottTheNFL! @RealJamesWoods @realDonaldTrump pic.twitter.com/xSln7G2qgV
— John Cremeans (@JCremeans) September 30, 2018
According to Packers management, the University Of Wisconsin marching band featured approximately 200 members and they claim the marching band took up too much of the field to unveil the entire full American flag.
But that explanation was not flying for many Americans and the Green Bay Packers will no longer use the fictional flag banner. For the most part, the Packers have not chosen to actively participate in the “take the knee” protests during the National Anthem though they did choose to lock arms during one Thursday night game last season.
— David Croom (@dailycallout) September 30, 2018
NFL franchise owners’ support for the “take the knee” protests appear to be very much contingent on ratings and revenues, and many believe they will only continue to tolerate the protests as long as they do not negatively impact the bottom line. Case in point, the almost immediate decision to cease using the pseudo-flag in the representation of America.
NFL owners are nothing if not businessmen, so as Americans continue to hit them in their wallets by voting with their dollars, choosing to tune out or simply not attend the games, nothing is likely to change. Until attendance declines precipitously or it can be determined that the protests have directly impacted the bottom line and/or a corresponding decline in television ratings, they are unlikely to put their foot down.
Simone Biles Speaks Out After Interim USA Gymnastics President Blasts Nike and Kaepernick
Political correctness is a severe cancer in this world. I’m so tired of people apologize for something that needs no apology. If you are going to speak out about something…don’t apologize.
Don’t worry Simone Biles, it’s not like people are entitled to their opinion or that are shills for Big Corporations like dictating how everyone should think.
Dear Simone, stick to being a gymnast. Go on and keep making your money from a fascist company.
From Western Journal:
USA Gymnastics has found itself mired in perpetual controversy in recent years
The snowball began rolling in earnest when the horrific allegations of sexual abuse against team doctor Larry Nassar surfaced in 2015.
Obviously, Nassar’s actions are unforgivable and he deserves every last second of what is effectively a life sentence in prison.
After taking care of Nassar, the hounds of justice set their sights on USA Gymnastics itself. Any organization that could have been so unaware of the horrors taking place right under its nose deserve the accompanying scrutiny.
Former USA Gymnastics president Steve Penny was forced to resign by the USOC after his horrible mishandling of the Nassar scandal.
His replacement, Kerry Perry, also ended up being forced to resign after her leadership was questioned by USOC.
Now, Perry’s replacement, Mary Bono, has also found herself in controversy, though nothing as serious as the last two.
Bono, a former Republican congresswoman in California, was barely on the job when a month-old tweet of hers resurfaced.
“Playing in a charity golf tournament raising for our nation’s Special Forces operators and their families. Unfortunately, had these shoes in my bad. Luckily I had a marker in my bag too,” Bono said in a since-deleted tweet.
The accompanying picture showed her using a black marker to hide the Nike logo on a shoe.
Regardless of how you feel about Nike’s divisive ad featuring Colin Kaepernick, Bono is more than entitled to her opinion. Yes, she put Nike, and by extension Kaepernick, on blast for the latter’s rhetoric. But she’s hardly exclusive in her feelings. Bono is just one of many Americans who feel that Kaepernick’s anthem protests were disrespectful to the flag, the military and the police.
While Bono is obviously allowed to voice her opinion, she unfortunately also drew the ire of her organization’s premiere athlete, Olympic gold medalist Simone Biles.
don’t worry, it’s not like we needed a smarter usa gymnastics president or any sponsors or anything https://t.co/cYQizcjywn
— Simone Biles (@Simone_Biles) October 13, 2018
“Don’t worry, it’s not like we needed a smarter usa gymnastics president or any sponsors or anything,” Biles wrote in a blistering response tweet prefaced by a “mouth drop.”
While USA Gymnastics hasn’t had a team sponsor since late 2017, Biles is personally sponsored by Nike, according to ESPN.
Perhaps realizing that Biles is the one gymnast she cannot afford to alienate, Bono promptly deleted the tweet and issued an apology.
I regret the post and respect everyone’s views & fundamental right to express them. This doesn’t reflect how I will approach my position @USAGym I will do everything I can to help build, w/ the community, an open, safe & positive environment.
— Mary Bono (@MaryBonoUSA) October 14, 2018
“I regret the post and respect everyone’s views & fundamental right to express them. This doesn’t reflect how I will approach my position @USAGym I will do everything I can to help build, w/ the community, an open, safe & positive environment,” Bono said in her apology tweet.
It would be nice to think that this will be the final controversy USA Gymnastics will have to deal with for a while. But if recent history is any indication, that seems almost impossible.
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