Latest news with #WinNow
Ottawa Citizen
2 days ago
- Sport
- Ottawa Citizen
'Not trying to take a different route': Oilers GM isn't planning major changes
Connor McDavid isn't waiting for a cavalry of reinforcements to gallop over the horizon and lift the Edmonton Oilers to a championship. Article content Which is good, because general manager Stan Bowman isn't promising one. Article content Aside from a mid-level move here and there, it will be pretty much the same team coming back to try again next year. Article content 'We come back and we do it again,' McDavid said about his expectations for next season. 'It's not like we have a ton of cap room and a long list of highly-touted prospects knocking on the door. It has to come from within the players who are playing. Everyone has to find a new level, myself included. Article content Article content 'Ultimately, it's on every person in that room and that organization to dust themselves off and come back and be better.' Article content Article content That's the company message Bowman reinforced when he met with the media for a 25-minute post-mortem/look ahead Friday. He sees a team that is THIS close to a championship and doesn't want to fix what isn't necessarily broken. Article content 'The way it ended certainly feels like a disappointment. It's hard, in the moment, to reflect on how great a season it was. We fell short, but we did a lot of great things. There are 30 other teams that would trade with where we were.' Article content Bowman saw a team where goaltending, depth, puck movers and star players combined to go on a 12-2 run in the Western Conference playoffs, blowing through the Kings, Golden Knights and Stars like it was easy. Article content 'We left those teams, L.A., Vegas and Dallas, scratching their heads like, 'What happened?'' said Bowman. 'We did to those other teams what Florida did to us.' Article content Article content So you don't blow that up. But standing pat isn't an option, either. Bowman said talks are already underway in advance of the free agent market opening on July 1, with the focus being at forward and in goal. Article content Article content 'The area with the least amount of change will be defence,' he said. 'We have guys under contract and they played very well. Probably won't be big changes there. Article content 'Up front, we need some different players. I wouldn't expect wholesale charges, we're not going to have nine or 10 new players, but I do think we're going to have some changes. More likely, the forwards and the goalies are the ones we're going to evaluate the most deeply.' Article content The Oilers also need to get younger and faster, but that's easier said than done when you're in the middle of a Win Now window. This isn't the time to be breaking in rookies, but they also can't ignore the future. Article content 'We're going to do our best to give opportunities to players,' said Bowman. 'But it's not like we're going to put a bunch of inexperienced guys in the lineup. Our objective is to win next year. We're not trying to take a different route, we want to be playing in the final next year.'
Vancouver Sun
2 days ago
- Sport
- Vancouver Sun
'Not trying to take a different route': Oilers GM isn't planning major changes
Connor McDavid isn't waiting for a cavalry of reinforcements to gallop over the horizon and lift the Edmonton Oilers to a championship. Which is good, because general manager Stan Bowman isn't promising one. Aside from a mid-level move here and there, it will be pretty much the same team coming back to try again next year. 'We come back and we do it again,' McDavid said about his expectations for next season. 'It's not like we have a ton of cap room and a long list of highly-touted prospects knocking on the door. It has to come from within the players who are playing. Everyone has to find a new level, myself included. 'Ultimately, it's on every person in that room and that organization to dust themselves off and come back and be better.' Start your day with a roundup of B.C.-focused news and opinion. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Sunrise will soon be in your inbox. Please try again Interested in more newsletters? Browse here. That's the company message Bowman reinforced when he met with the media for a 25-minute post-mortem/look ahead Friday. He sees a team that is THIS close to a championship and doesn't want to fix what isn't necessarily broken. 'The way it ended certainly feels like a disappointment. It's hard, in the moment, to reflect on how great a season it was. We fell short, but we did a lot of great things. There are 30 other teams that would trade with where we were.' Bowman saw a team where goaltending, depth, puck movers and star players combined to go on a 12-2 run in the Western Conference playoffs, blowing through the Kings, Golden Knights and Stars like it was easy. 'We left those teams, L.A., Vegas and Dallas, scratching their heads like, 'What happened?'' said Bowman. 'We did to those other teams what Florida did to us.' So you don't blow that up. But standing pat isn't an option, either. Bowman said talks are already underway in advance of the free agent market opening on July 1, with the focus being at forward and in goal. 'The area with the least amount of change will be defence,' he said. 'We have guys under contract and they played very well. Probably won't be big changes there. 'Up front, we need some different players. I wouldn't expect wholesale charges, we're not going to have nine or 10 new players, but I do think we're going to have some changes. More likely, the forwards and the goalies are the ones we're going to evaluate the most deeply.' The Oilers also need to get younger and faster, but that's easier said than done when you're in the middle of a Win Now window. This isn't the time to be breaking in rookies, but they also can't ignore the future. 'We're going to do our best to give opportunities to players,' said Bowman. 'But it's not like we're going to put a bunch of inexperienced guys in the lineup. Our objective is to win next year. We're not trying to take a different route, we want to be playing in the final next year.' That's the delicate balance. McDavid said he wants to be part of a team that is in contention over and over again . When you look four years down the road for Edmonton, you have to wonder. The oldest team in the NHL isn't getting any younger. Mattias Ekholm is 35, Zach Hyman is 33, Ryan Nugent-Hopkins is 32, Darnell Nurse is 30, Draisaitl and McDavid are 29 and 28. And the prospect cupboard is fairly thin. In the nine drafts since they took Connor McDavid in 2015, six of Edmonton's first-round picks are gone (Jesse Puljujarvi, Kailer Yamamoto, Philip Broberg, Dylan Holloway, Xavier Bourgault and Reid Schaefer), and one was traded away. Edmonton doesn't have a first-rounder this year (just a third, sixth and seventh) and doesn't currently have a first-rounder next year. Not having a first-rounder for eight of 11 years is a major gap in the pipeline. They have to be careful they don't find themselves in a barren wasteland when the core of the team is in its mid-30s and beyond, because if McDavid signs a four-year deal, that's when he'll be re-examining his future. Spending assets to stay in Win Now mode while protecting the future isn't going to be easy. 'It's a challenge, but what we've tried to do is invest in our player development group and the recruitment of free agent players,' said Bowman. 'That's going to be a big focus for us moving forward. 'It's true we haven't had a lot of first and second round draft picks, but that's not the only way you can find players.' While the draft is running dry, the Oilers did sign Boston University standout Quinn Hutson and European centres Josh Samanski and David Tomasek. They also have Buffalo's first-round pick (9th overall in 2022), Matt Savoie and Sam O'Reilly, who they got 32nd overall last year. It remains to be seen how those players pan out, but it's a start. 'The one thing that's good for us is we're an attractive location for free agents to come,' said Bowman. 'They look at a chance to play on a really good team with great players as opportunity for them.' The top priority, though, above and beyond anything else, is winning a Stanley Cup next year. 'We have to be aggressive, we're trying to win now, we're not necessarily trying to build a team to be good in five years,' said Bowman. 'We certainly want to maintain, we don't want to drop off, but that's going to fall on our player development and our recruitment of free agents.' E-mail: rtychkowski@ Bookmark our website and support our journalism: Don't miss the news you need to know — add and to your bookmarks and sign up for our newsletters here. You can also support our journalism by becoming a digital subscriber. Subscribers gain unlimited access to The Edmonton Journal, Edmonton Sun, National Post and 13 other Canadian news sites. Support us by subscribing today: The Edmonton Journal | The Edmonton Sun.
Edmonton Journal
2 days ago
- Sport
- Edmonton Journal
'Not trying to take a different route': Oilers GM isn't planning major changes
Article content Connor McDavid isn't waiting for a cavalry of reinforcements to gallop over the horizon and lift the Edmonton Oilers to a championship. Which is good, because general manager Stan Bowman isn't promising one. Article content Aside from a mid-level move here and there, it will be pretty much the same team coming back to try again next year. 'We come back and we do it again,' McDavid said about his expectations for next season. 'It's not like we have a ton of cap room and a long list of highly-touted prospects knocking on the door. It has to come from within the players who are playing. Everyone has to find a new level, myself included. Article content 'Ultimately, it's on every person in that room and that organization to dust themselves off and come back and be better.' That's the company message Bowman reinforced when he met with the media for a 25-minute post-mortem/look ahead Friday. He sees a team that is THIS close to a championship and doesn't want to fix what isn't necessarily broken. 'The way it ended certainly feels like a disappointment. It's hard, in the moment, to reflect on how great a season it was. We fell short, but we did a lot of great things. There are 30 other teams that would trade with where we were.' Bowman saw a team where goaltending, depth, puck movers and star players combined to go on a 12-2 run in the Western Conference playoffs, blowing through the Kings, Golden Knights and Stars like it was easy. 'We left those teams, L.A., Vegas and Dallas, scratching their heads like, 'What happened?'' said Bowman. 'We did to those other teams what Florida did to us.' Article content So you don't blow that up. But standing pat isn't an option, either. Bowman said talks are already underway in advance of the free agent market opening on July 1, with the focus being at forward and in goal. 'The area with the least amount of change will be defence,' he said. 'We have guys under contract and they played very well. Probably won't be big changes there. 'Up front, we need some different players. I wouldn't expect wholesale charges, we're not going to have nine or 10 new players, but I do think we're going to have some changes. More likely, the forwards and the goalies are the ones we're going to evaluate the most deeply.' The Oilers also need to get younger and faster, but that's easier said than done when you're in the middle of a Win Now window. This isn't the time to be breaking in rookies, but they also can't ignore the future. 'We're going to do our best to give opportunities to players,' said Bowman. 'But it's not like we're going to put a bunch of inexperienced guys in the lineup. Our objective is to win next year. We're not trying to take a different route, we want to be playing in the final next year.' Article content That's the delicate balance. McDavid said he wants to be part of a team that is in contention over and over again. When you look four years down the road for Edmonton, you have to wonder. The oldest team in the NHL isn't getting any younger. Mattias Ekholm is 35, Zach Hyman is 33, Ryan Nugent-Hopkins is 32, Darnell Nurse is 30, Draisaitl and McDavid are 29 and 28. And the prospect cupboard is fairly thin. In the nine drafts since they took Connor McDavid in 2015, six of Edmonton's first-round picks are gone (Jesse Puljujarvi, Kailer Yamamoto, Philip Broberg, Dylan Holloway, Xavier Bourgault and Reid Schaefer), and one was traded away. Edmonton doesn't have a first-rounder this year (just a third, sixth and seventh) and doesn't currently have a first-rounder next year. Not having a first-rounder for eight of 11 years is a major gap in the pipeline. They have to be careful they don't find themselves in a barren wasteland when the core of the team is in its mid-30s and beyond, because if McDavid signs a four-year deal, that's when he'll be re-examining his future. Article content Spending assets to stay in Win Now mode while protecting the future isn't going to be easy. 'It's a challenge, but what we've tried to do is invest in our player development group and the recruitment of free agent players,' said Bowman. 'That's going to be a big focus for us moving forward. 'It's true we haven't had a lot of first and second round draft picks, but that's not the only way you can find players.' While the draft is running dry, the Oilers did sign Boston University standout Quinn Hutson and European centres Josh Samanski and David Tomasek. They also have Buffalo's first-round pick (9th overall in 2022), Matt Savoie and Sam O'Reilly, who they got 32nd overall last year. It remains to be seen how those players pan out, but it's a start. 'The one thing that's good for us is we're an attractive location for free agents to come,' said Bowman. 'They look at a chance to play on a really good team with great players as opportunity for them.' Article content Latest National Stories
Calgary Herald
2 days ago
- Sport
- Calgary Herald
'Not trying to take a different route': Oilers GM isn't planning major changes
Connor McDavid isn't waiting for a cavalry of reinforcements to gallop over the horizon and lift the Edmonton Oilers to a championship. Article content Which is good, because general manager Stan Bowman isn't promising one. Article content Aside from a mid-level move here and there, it will be pretty much the same team coming back to try again next year. Article content 'We come back and we do it again,' McDavid said about his expectations for next season. 'It's not like we have a ton of cap room and a long list of highly-touted prospects knocking on the door. It has to come from within the players who are playing. Everyone has to find a new level, myself included. Article content Article content 'Ultimately, it's on every person in that room and that organization to dust themselves off and come back and be better.' Article content Article content That's the company message Bowman reinforced when he met with the media for a 25-minute post-mortem/look ahead Friday. He sees a team that is THIS close to a championship and doesn't want to fix what isn't necessarily broken. Article content 'The way it ended certainly feels like a disappointment. It's hard, in the moment, to reflect on how great a season it was. We fell short, but we did a lot of great things. There are 30 other teams that would trade with where we were.' Article content Bowman saw a team where goaltending, depth, puck movers and star players combined to go on a 12-2 run in the Western Conference playoffs, blowing through the Kings, Golden Knights and Stars like it was easy. Article content 'We left those teams, L.A., Vegas and Dallas, scratching their heads like, 'What happened?'' said Bowman. 'We did to those other teams what Florida did to us.' Article content Article content So you don't blow that up. But standing pat isn't an option, either. Bowman said talks are already underway in advance of the free agent market opening on July 1, with the focus being at forward and in goal. Article content Article content 'The area with the least amount of change will be defence,' he said. 'We have guys under contract and they played very well. Probably won't be big changes there. Article content 'Up front, we need some different players. I wouldn't expect wholesale charges, we're not going to have nine or 10 new players, but I do think we're going to have some changes. More likely, the forwards and the goalies are the ones we're going to evaluate the most deeply.' Article content The Oilers also need to get younger and faster, but that's easier said than done when you're in the middle of a Win Now window. This isn't the time to be breaking in rookies, but they also can't ignore the future. Article content 'We're going to do our best to give opportunities to players,' said Bowman. 'But it's not like we're going to put a bunch of inexperienced guys in the lineup. Our objective is to win next year. We're not trying to take a different route, we want to be playing in the final next year.'
CNBC
4 days ago
- Business
- CNBC
Options traders are betting Nike makes a big move after earnings next week
Over the past decade, Nike (NKE) has experienced an average earnings-related stock price movement of approximately 6% in the week following its quarterly earnings release. The at-the-money June 27th $60 strike straddle is approximately $5.70 as I write this, or 9.5% of the current stock price. Why is the options market anticipating so much earnings-related volatility? Based on alternative data, sales trends, and inventory metrics, Nike faces a challenging near-term outlook as it approaches its fiscal Q4 2025 earnings report next week on June 26. The company is navigating a challenging consumer environment, intense competition, and macroeconomic headwinds, including, potentially, tariffs. "New" (he was actually a multi-decade executive at Nike, who recently returned) CEO Elliott Hill returned to Nike to execute a turnaround strategy ("Win Now") focused on innovation, wholesale partnerships, and brand repositioning. Alternative data metrics are sending conflicting signals. For example, Bloomberg Second Measure Observed Sales data declined 14.95% year-over-year (YoY) through May 31st, significantly worse than the industry average of a 7.9% decline. 's US Foot Traffic estimated visits rose 4.3% versus an industry average decline of 1.1%. tracks the locations of millions of mobile devices against known geographic locations, including retail stores. Anecdotally, Placer's results have tracked more closely than Bloomberg's to reported results in the handful of discretionary names I've been tracking recently. Similarweb's global web traffic visits declined 20.8%, compared to a 0.5% decline for the industry overall. This is a metric I have only recently started tracking, and I have no prior experience with it. Nike's recent quarters show persistent revenue declines, with Q3 2025 (ended February 28, 2025) reporting: Revenue : $11.3 billion, down 9% YoY (chart below). Nike Direct : $4.7 billion, down 12% YoY, driven by a 15% drop in digital sales and a 2% dip in store sales. Wholesale : $6.2 billion, down 7% YoY, with weakness in China and Europe offsetting U.S. growth. Regional Performance : China sales declined 17% year-over-year, a significant drag due to economic slowdown and concerns about job security. Europe also weakened, while North America showed pockets of strength in running and training categories. For Q4, Nike guided to a "mid-teens" revenue decline (likely 13–15%), worse than analyst expectations of an 11.4% drop to $11.07 billion. Key drivers include: Weak Holiday Season : Q3 saw strong December demand but "double-digit declines" in January and February, suggesting Q4 (March–May) started poorly. Category Performance : Running and training categories experienced growth in Q3, driven by new launches (e.g., Pegasus Premium, Vomero 18). However, this was offset by double-digit declines in Sportswear and Jordan Brand, particularly in classic footwear such as the Air Force 1 and Dunk. Competition : Rivals like On Running and Hoka (owned by Deckers) are gaining market share with innovative, trendier products, eroding Nike's dominance in the running category. Summary Prognosis : Nike's Q4 is expected to be challenging, with revenues likely falling 13%–15% year-over-year (YoY) to $10.6–10.8 billion, driven by weak consumer spending, China's slowdown, and declines in digital sales. Early progress under CEO Elliott Hill (new products, wholesale ties) may not offset macro headwinds. Gross Margins : Expect a 400–500 basis point drop to 37%–38%, hit by markdowns to clear $7.5–8 billion in inventory, tariff costs (China/Mexico imports), and higher product costs. Long-term margin recovery depends on full-price DTC and innovation. (1 basis point equals 0.01%) Revenue Outlook : Decline, not stagnation, is the base case, with a mid-teens drop guided. Upside hinges on new product traction and wholesale gains. Valuation : Fair value of $80–$85 (P/E 38–40x, EV/EBITDA 22x), supported by comps (Adidas, Lululemon). Upside to $90–$100 if turnaround accelerates; downside to $50–$60 if challenges persist. Trade A diagonal strangle swap seeks to capitalize on elevated near-term options prices with defined risk. The idea here is that a lot of bad news is already baked into this cake. The following trade can accommodate a post-earnings move of more than 12.5% in either direction and likely still see profits without risking substantial losses in the event the stock is little changed post-earnings. Buy NKE Oct. 17 $50 put Buy NKE Oct 17 $70 call Sell NKE July 18 $67.50 call Sell NKE July 18 $52.50 put DISCLOSURES: (None) All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL'S UNIQUE PERSONAL CIRCUMSTANCES. THE ABOVE CONTENT MIGHT NOT BE SUITABLE FOR YOUR PARTICULAR CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR. 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