Converse sales decreased by 18%, while wholesale sales declined by 5% ... Finally, it is crucial to note another headwind affecting Nike’s performance: China and its slowing economy, not to mention ...
Some analysts are skeptical of how much the new CEO will change. The post Wall Street: Things Will Get Worse for Nike Before They Get Better appeared first on Front Office Sports.
Wall Street was full of optimism when Nike decided to switch out CEOs. The stock surged last week after analysts praised ...
Nike (NYSE: NKE) stock is down over 1% premarket Monday after JPMorgan placed the company on "Negative Catalyst Watch" ahead ...