NKE
NIKE, Inc.
NKE has the edge over RRGB overall, supported by stronger valuation and lower modeled downside.
RRGB
Red Robin Gourmet Burgers, Inc.
RRGB offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
NKE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Strong |
NKE's profitability and balance sheet are currently healthy, and its revenue and cash flow are stable.
RRGB Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Under pressure | |
| Under pressure |
RRGB's revenue and profitability are currently stable, but its cash flow and balance sheet are under pressure.
NKE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 18x | $37.76 | — |
| Cheap | 23x | $47.70 | +26% |
| Forward | 30x | $37.76 | — |
| Fair | 33x | $68.16 | +80% |
| Expensive | 47x | $97.86 | +159% |
Historical ranges are pointers, not guarantees.
NKE's PE is in its cheap range at 18x. On analysts' estimates for next year's earnings, today's price would be 30x, in its fair range.
RRGB PE Valuation
RRGB has no meaningful PE right now: it lost money over the past year.
NKE Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Stable | |
| Decline | |
| Improving | |
| Moderate | |
| Low |
Analysts expect NKE's profitability to improve, but its revenue to decline. However, they disagree widely on these estimates.
RRGB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Decline | |
| Improving | |
| Limited | |
| High |
RRGB has the edge over NKE on the outlook, with more favorable earnings expectations.
NKE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.27 | -39% |
| Q3 2026 | $2.09 | +7.2% |
| Q2 2026 | $2.10 | -2.8% |
| Q1 2026 | $1.51 | -50% |
| Q4 2025 | $1.70 | -48% |
| Q3 2025 | $1.95 | -44% |
| Q2 2025 | $2.16 | -42% |
| Q1 2025 | $3.01 | -11% |
| Q4 2024 | $3.24 | -5.3% |
NKE has the edge over RRGB on earnings quality, reporting a profit while its opponent remains loss making.
RRGB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$1.69 | +$1.74 |
| Q2 2026 | -$1.50 | +$2.75 |
| Q4 2025 | -$1.31 | +$3.62 |
| Q3 2025 | -$3.26 | +$0.03 |
| Q2 2025 | -$3.43 | -$0.82 |
| Q2 2025 | -$4.25 | -$2.49 |
| Q4 2024 | -$4.93 | -$3.59 |
| Q3 2024 | -$3.29 | -$0.03 |
RRGB is still losing money, but far less than before: $1.69 per share over the past year, against $19.29 at its worst in late 2020.
NKE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11.2B | -4.3% |
| Q2 2026 | $11B | -1.1% |
| Q1 2026 | $11.3B | +0.1% |
| Q4 2025 | $12.4B | +0.6% |
| Q3 2025 | $11.7B | +1.1% |
| Q2 2025 | $11.1B | -12% |
| Q1 2025 | $11.3B | -9.3% |
| Q4 2024 | $12.4B | -7.7% |
NKE has the edge over RRGB on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.2% | +0.3 points |
| Q2 2026 | 12% | +9.2 points |
| Q1 2026 | 5.8% | -1.7 points |
| Q4 2025 | 8% | -3.4 points |
| Q3 2025 | 7.9% | -3.4 points |
| Q2 2025 | 2.9% | -11 points |
| Q1 2025 | 7.5% | -3.8 points |
| Q4 2024 | 11% | -2.9 points |
NKE has the edge over RRGB on profitability, with a higher operating margin.
RRGB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $277.6M | -2.1% |
| Q2 2026 | $378.3M | -3.6% |
| Q4 2025 | $269M | -5.7% |
| Q3 2025 | $265.1M | -3.5% |
| Q2 2025 | $283.7M | -5.5% |
| Q2 2025 | $392.4M | +1% |
| Q4 2024 | $285.2M | -7.7% |
| Q3 2024 | $274.6M | -1.1% |
RRGB's revenue fell from its 2023 peak and has held roughly level since: $278M last quarter, down 2.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 2.3% | -1.2 points |
| Q2 2026 | 1.4% | -0.9 points |
| Q4 2025 | -1.5% | +10 points |
| Q3 2025 | -4.6% | +0.1 points |
| Q2 2025 | 3.5% | +5 points |
| Q2 2025 | 2.3% | +2.9 points |
| Q4 2024 | -12% | -9.2 points |
| Q3 2024 | -4.7% | -4 points |
RRGB's operating margin was 2.3% last quarter, down 1.2 points from the same quarter a year ago.
NKE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$64M | -527% |
| Q2 2026 | $1.5B | +313% |
| Q1 2026 | $284M | -83% |
| Q4 2025 | $386M | -58% |
| Q3 2025 | $15M | -95% |
| Q2 2025 | $363M | -85% |
| Q1 2025 | $1.7B | -11% |
| Q4 2024 | $920M | -65% |
NKE has the edge over RRGB on cash generation, producing positive trailing cash flow while its opponent burns cash.
RRGB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $2.7M | -20% |
| Q2 2026 | $268K | -96% |
| Q4 2025 | $5.3M | +$6.7M |
| Q3 2025 | -$10.1M | +$7.9M |
| Q2 2025 | $3.4M | +$8.5M |
| Q2 2025 | $7.6M | +39% |
| Q4 2024 | -$1.4M | +$29.5M |
| Q3 2024 | -$18M | -$5.8M |
RRGB's free cash flow was −$2M over the past year, against −$8M the year before.
NKE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +3.2M shares |
| 1 year | +0.4% | +5.2M shares |
| 3 years | -3.8% | -59.1M shares |
| 5 years | -8.4% | -135M shares |
| Available history | -6.9% | -110M shares |
NKE has the edge over RRGB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $20M |
| Q3 2025 | $126M |
| Q2 2025 | $199M |
| Q1 2025 | $506M |
| Q4 2024 | $1.1B |
NKE has spent almost nothing on buybacks in the past year.
RRGB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +21% | +3.8M shares |
| 1 year | +16% | +2.9M shares |
| 3 years | +34% | +5.6M shares |
| 5 years | +40% | +6.2M shares |
| Available history | +69% | +8.9M shares |
RRGB has 22M diluted shares, up 16% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
| Q3 2024 | — |
| Q4 2023 | — |
| Q3 2023 | $5M |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q2 2021 | — |
NKE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.2x | Very low |
| Q2 2026 | 0.1x | Very low |
| Q1 2025 | 0.1x | Very low |
| Q4 2024 | 0.2x | Very low |
| Q3 2024 | 0.1x | Very low |
| Q2 2024 | -0.1x | Net Cash |
| Q1 2024 | -0.0x | Very low |
| Q4 2023 | 0.1x | Very low |
NKE has the edge over RRGB on leverage, with a lower net debt burden relative to earnings.
RRGB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 3.1x | Elevated |
| Q2 2026 | 2.9x | Moderate |
| Q4 2025 | 2.7x | Moderate |
| Q3 2025 | 6.0x | High |
| Q2 2025 | 5.4x | High |
| Q2 2025 | 10.7x | High |
| Q4 2024 | 32.5x | High |
| Q3 2024 | 5.1x | High |
RRGB's net debt is about 3.1 years of its operating earnings (EBITDA), down from 5.4 years a year ago.
NKE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.0 | Neutral |
| Stochastic | 57.5 | Neutral |
NKE's weekly RSI is 40 (neutral) and its Stochastic is 58 (neutral).
RRGB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.3 | Neutral |
| Stochastic | 50.4 | Neutral |
RRGB's weekly RSI is 59 (neutral) and its Stochastic is 50 (neutral).
NKE PE vs Consumer Cyclical Sector
| Metric | NKE | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 18x | 0.3% above |
| PE % | 2 | 47 | 45 pts below |
NKE is trading at 18x earnings, in line with the Consumer Cyclical sector's median of 18x.
RRGB PE vs Consumer Cyclical Sector
RRGB has no meaningful PE right now: it lost money over the past year.
NKE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $36.7 | 2.8% above |
| 20 week MA | $39.2 | 3.6% below |
| 50 week MA | $48.0 | 21% below |
| 100 week MA | $58.4 | 35% below |
| 200 week MA | $79.2 | 52% below |
NKE has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 52% below its 200-week average.
RRGB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.42 | 4.9% above |
| 20 week MA | $8.23 | 7.3% above |
| 50 week MA | $5.78 | 53% above |
| 100 week MA | $5.49 | 61% above |
| 200 week MA | $7.27 | 21% above |
RRGB has the edge over NKE on trend strength, trading above more of its moving averages.
NKE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $101.6 | $141.6 | +39% |
| 2021 | $141.6 | $165.7 | +17% |
| 2022 | $165.7 | $116.3 | -30% |
| 2023 | $116.3 | $108.6 | -6.6% |
| 2024 | $108.6 | $76.4 | -30% |
| 2025 | $76.4 | $60.9 | -20% |
| 2026 YTD | $60.9 | $37.8 | -38% |
NKE has finished four years in a row lower, and it's down 38% so far in 2026.
RRGB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $31.0 | $20.1 | -35% |
| 2021 | $20.1 | $17.2 | -15% |
| 2022 | $17.2 | $5.70 | -67% |
| 2023 | $5.70 | $12.5 | +119% |
| 2024 | $12.5 | $5.39 | -57% |
| 2025 | $5.39 | $4.31 | -20% |
| 2026 YTD | $4.31 | $8.83 | +105% |
RRGB has the edge over NKE on returns for 2026, with the stronger performance.