This Stock-Split Stock Is Beating Nike at Its Own Game
Deckers(DECK) The Motley Fool·2024-10-12 17:47
The returns for long-term shareholders of this shoe and apparel winner have been nothing short of astounding. It has been a rough few years for Nike (NKE 0.06%). The global footwear and apparel giant has seen its revenue stagnate since 2022, with sales actually down 3% from highs over the last 12 months. The brand has had a rough go in China, where consumer spending is extremely weak, but it has also battled with new upstart brands such as Lululemon that are trying to steal customers. One under-the-radar co ...