Nike ‘still not out of the woods,’ analyst says, as stock drops after earnings

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Nike ‘still not out of the woods,’ analyst says, as stock drops after earnings

By: market watch Posted On: October 02, 2024 View: 20

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While Nike bulls have been anticipating turnaround plans to bear fruit in the Spring 2026 fashion cycle, “that timeline may prove optimistic,” according to one analyst.

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