Where does Nike (NKE) go from here?
Thread created 07-10-2024 by Meiggs
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Nike's stock recently faced significant headwinds, dropping around 20% following their latest earnings report.
Despite beating EPS estimates, their revenue declined by 1.6% year-over-year, and...
Where does Nike (NKE) go from here?
Thread created 07-10-2024 by Meiggs
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3 Replies
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I watched a youtube video of Nike resellers still dropping out of the market because the Air Jordan type collector shoe market has dissolved. A lot of their profit came from collectors and like...
Where does Nike (NKE) go from here?
Thread created 07-10-2024 by Meiggs
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3 Replies
2,204 Views
I exited with .2% loss after earnings. Future doesn’t look good, see more of a downtrend
Where does Nike (NKE) go from here?
Thread created 07-10-2024 by Meiggs
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3 Replies
2,204 Views
When Nike went direct to consumer, they didn't account for the fact those shelves in the stores were now available to other brands. None of my kids cared about Nike. They all like those new brands...
