Nike: Why It Is on the Verge of a Massive Comeback Rally

4 hours ago · While the downtrend has been brutal, there are several reasons to believe that 2025 might mark the start of a massive comeback rally for Nike. Let’s jump in and take a look. Let’s …

60%
OFF

Why Nike Is On The Verge Of A Massive Comeback Rally

2 weeks from now

3 days ago · Shares of athleisure giant Nike Inc. NYSE: NKE shares have been in a steep decline for more than 2 years, shedding a staggering 60% from their all-time high in late 2021. As we …

marketbeat.com

$11
OFF

Under New Leadership, Nike Is Returning To Its Roots In Running

2 weeks from now

Oct 2, 2024 · Nike’s revenue for the June-August quarter came in at $11.6 billion, representing a 10 percent drop from the same time period a year prior. Net income fell 28 percent year-over …

observer.com

3%
OFF

Did Nike Just Find The Key To A Roaring Comeback?

2 weeks from now

Apr 1, 2024 · However, it may have leaned too hard on that strategy as brand digital sales were down 3% in the quarter, and it now seems to have rediscovered the advantage of the …

fool.com

4%
OFF

Nike Tries To Get Back In The Race As Sneaker Sales Gather Pace

2 weeks from now

Oct 12, 2024 · That same year, Nike debuted its transformational Vaporfly 4% running shoe with improved foam and a carbon fibre plate in the sole, setting off an innovation arms race across …

ft.com

1%
OFF

Did Nike Just Find The Key To A Roaring Comeback? - Yahoo Finance

2 weeks from now

Apr 1, 2024 · Revenue at Nike was flat in its fiscal third quarter at $12.4 billion, and was up just 1% in the first three quarters of the year. Nike is facing a number of challenges that have led to …

yahoo.com

FAQs about Nike: Why It Is on the Verge of a Massive Comeback Rally Coupon?

Will Nike make a comeback?

Nike's finance chief Matthew Friend acknowledged that "a comeback at this scale takes time", as the company now expects sales in the first half to be down in the high single digits, compared to previous guidance of declines in the low single digits. ...

Is Nike going through rough times?

Nike’s Q2 FY25 earnings confirmed the belief that this is a company that is going through rough times. Revenues for the quarter fell by 8% YoY to $12.4 billion, seeing declines across all major regions and channels, with the steepest one being China (8% YoY). ...

Why is Nike struggling?

Another reason for Nike’s struggles was their push toward direct-to-consumer (DTC) sales, reducing their presence in traditional retail stores. The company has applied a lot of discounting lately, which has hurt their profit margins. Over-discounting can not only hurt Nike’s profitability, but may also dilute Nike’s premium brand image. ...

Is Nike looking for a big rebound in running footwear?

In recent years, the footwear giant has lost share to smaller, running-focused brands like Hoka, Brooks and On, all three of which have found success with their niche perfomance offerings. But after growing its running footwear business 10 percent in fiscal year 2023, Nike is angling for a bigger rebound in the crucial category. ...

Is Nike angling for a comeback in running?

Nike Is Angling for a Comeback in Running. Here’s How It Plans to Regain Momentum. The Nike Vaporfly 3 in the "Proto" colorway. Nike last week laid out a broad comeback plan for the increasingly competitive running category. ...

Are Nike shares falling back to 2019 levels?

While the rest of the stock market was enjoying a bumper end to the year, Nike shares were falling back to the 2019 levels they're currently trading at. Despite some promising efforts, they've gone nowhere since the middle of 2022, and investors must be getting impatient. ...