Bear of the Day: NIKE (NKE)
NIKE(NKE) ZACKS·2024-10-21 19:10
NIKE, Inc. (NKE) is in a turnaround mode as revenue has fallen. This Zacks Rank #5 (Strong Sell) is expected to see earnings fall, as well, by the double digits in fiscal 2025. NIKE is a designer, marketer and distributor of athletic footwear, apparel, equipment and accessories for many sports and fitness activities. It also owns Converse, which also designs, markets and distributes athletic lifestyle footwear, apparel and accessories. NIKE Revenue Falls 10% in Q1 of Fiscal 2025 On Oct 1, 2024, NIKE reporte ...