NKE
NIKE, Inc.
NKE has the edge over TLYS overall, supported by stronger valuation and lower modeled downside.
TLYS
Tilly's, Inc.
TLYS offers stronger fundamentals, 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.
TLYS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Strong |
TLYS's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
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 has the edge over TLYS in the historical PE scenario, which offers more potential upside but is not a forecast.
TLYS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.2x | $0.31 | -93% |
| Fair | 11x | $0.64 | -85% |
| Forward | 23x | $4.29 | — |
| Expensive | 40x | $2.38 | -45% |
| Current | 75x | $4.29 | — |
Historical ranges are pointers, not guarantees.
TLYS's PE is in its expensive range at 75x. If earnings grow as analysts expect, today's price would be 23x next year's earnings.
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.
TLYS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Returning to profit | |
| Stable | |
| Strongly improving | |
| Limited | |
| Low |
TLYS has the edge over NKE on the outlook, with more favorable valuation and 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's earnings per share have fallen from their peak: $2.09 over the past year, against $3.82 in late 2021.
TLYS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.18 | +208% |
| Q3 2026 | $0.06 | +$1.57 |
| Q2 2026 | -$0.11 | +$1.51 |
| Q1 2026 | -$0.58 | +$0.96 |
| Q4 2025 | -$1.13 | +$0.64 |
| Q3 2025 | -$1.51 | -$0.14 |
| Q2 2025 | -$1.62 | -$0.21 |
| Q1 2025 | -$1.54 | -$0.38 |
| Q4 2024 | -$1.77 | -$1.30 |
TLYS has the edge over NKE on earnings, with more consistent year-over-year improvement.
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 TLYS on sales, with stronger typical year-over-year growth.
| 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 TLYS on profitability, with a higher operating margin.
TLYS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $163.5M | +8.1% |
| Q2 2026 | $124.7M | +16% |
| Q1 2026 | $155.1M | +5.3% |
| Q4 2025 | $139.6M | -2.7% |
| Q3 2025 | $151.3M | -7.1% |
| Q2 2025 | $107.6M | -7.1% |
| Q1 2025 | $147.3M | -15% |
| Q4 2024 | $143.4M | -14% |
TLYS's revenue is recovering but still below its 2021 peak: $164M last quarter, up 8.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5% | +3.2 points |
| Q2 2026 | -6.5% | +15 points |
| Q1 2026 | 1.7% | +11 points |
| Q4 2025 | -1.4% | +8.4 points |
| Q3 2025 | 1.8% | +2.3 points |
| Q2 2025 | -21% | -3.1 points |
| Q1 2025 | -9.6% | -4.7 points |
| Q4 2024 | -9.8% | -8.3 points |
TLYS's operating margin was 5% last quarter, up 3.2 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 usually generates cash, though not every quarter: the latest was −$64M, but it generated $2.1B over the past year.
TLYS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $20.9M | +56% |
| Q2 2026 | -$5.3M | +$4.4M |
| Q1 2026 | $7.3M | +$12.6M |
| Q4 2025 | -$11.7M | +$13.4M |
| Q3 2025 | $13.4M | +68% |
| Q2 2025 | -$9.6M | +$18.2M |
| Q1 2025 | -$5.4M | -1829% |
| Q4 2024 | -$25.1M | -$14.3M |
TLYS has the edge over NKE on cash flow, with more consistent year-over-year improvement.
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 TLYS 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.
TLYS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.5% | +1M shares |
| 1 year | +3% | +893K shares |
| 3 years | +4.5% | +1.3M shares |
| 5 years | +0.1% | +46K shares |
| Available history | +4.7% | +1.4M shares |
TLYS has 31M diluted shares, up 3% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | $1.9M |
| Q3 2022 | $838,000 |
| Q2 2022 | $8.2M |
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's net debt is less than a year of its operating earnings (EBITDA).
TLYS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -5.2x | Net Cash |
| Q2 2026 | -5.9x | Net Cash |
| Q2 2023 | -6.6x | Net Cash |
| Q1 2023 | -2.9x | Net Cash |
| Q3 2021 | -1.1x | Net Cash |
| Q2 2021 | -1.4x | Net Cash |
| Q1 2021 | -4.8x | Net Cash |
| Q3 2020 | -6.8x | Net Cash |
TLYS has the edge over NKE on leverage, with a lower net debt burden relative to earnings.
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).
TLYS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 53.4 | Neutral |
| Stochastic | 24.4 | Neutral |
TLYS's weekly RSI is 53 (neutral) and its Stochastic is 24 (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 has the edge over TLYS on valuation relative to its sector.
TLYS PE vs Consumer Cyclical Sector
| Metric | TLYS | Sector median | Relative |
|---|---|---|---|
| PE | 75x | 18x | 316% above |
| PE % | 89 | 47 | 42 pts above |
TLYS is trading at 75x earnings, a 316% premium to the Consumer Cyclical sector's median of 18x.
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.
TLYS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.34 | 1.2% below |
| 20 week MA | $4.18 | 2.6% above |
| 50 week MA | $3.52 | 22% above |
| 100 week MA | $2.86 | 50% above |
| 200 week MA | $4.83 | 11% below |
TLYS 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.
TLYS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $12.1 | $8.14 | -33% |
| 2021 | $8.14 | $15.3 | +88% |
| 2022 | $15.3 | $8.86 | -42% |
| 2023 | $8.86 | $7.54 | -15% |
| 2024 | $7.54 | $3.90 | -48% |
| 2025 | $3.90 | $1.83 | -53% |
| 2026 YTD | $1.83 | $4.29 | +134% |
TLYS has the edge over NKE on returns for 2026, with the stronger performance.