From Barchart: 2024-12-13 08:07:00

Raymond James analysts maintained a Market Perform rating for Nike, citing challenges in driving growth and turnaround performance. Concerns include inventory issues and increased promotional activity impacting margins. Q2 2025 earnings are projected slightly below consensus estimates due to slow innovation scaling. Channel checks show ongoing headwinds and higher promotional activity for Nike products. Selling, general, and administrative expenses expected to remain flat year-over-year. Analysts cautious about Nike’s turnaround.



Read more at Barchart:: Nike Faces Challenges Amid Inventory and Promotion…