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Nike's shoe competitors were on a tear in 2024, so expectations are high for the sportswear giant this year. Data from BMO indicates most footwear brands launched at least six shoes in 2024.
While the stock looks cheap, there is no sign that Nike's growth engine is set to return anytime soon. However, some investors are wondering if this reign of dominance is coming to an end. Nike stock ...
Various stocks have fallen after Donald Trump announced major tariffs on a number of countries across the world.
Nike has faced growing competition. Picture: Getty Images Nike chief financial officer Matthew Friend spoke about the impact of US President Trump’s tariffs on the company. “We expect fourth ...
Retailers are among the hardest hit names. Nike competitor, Adidas is facing selling pressure as it makes about 39% of its footwear in Vietnam. Lululemon is also trading significantly lower ...
Nike is the largest athletic footwear brand in all major categories and in most markets. While it does face significant competition, we believe it has proven over a long period that it can ...
Now, recent results have been challenged by a post-pandemic normalization of sales, some self-inflicted wounds regarding retail relationships, and new competitors. However, Nike remains the 800 ...
While Nike has been investing in advertising and innovation, competitors like Adidas and Hoka are gaining mindshare and market share with consumers in the lifestyle and running categories.
Shares of Nike Inc. Cl B NKE slid 1.20% to $65.74 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 1.12% to 5,712.20 and ...
Nike appears to be losing ground to these challengers, and while there is nothing wrong with competition for consumers, one wonders if Nike's gross margins will stay in the low-40s/high-30s as the ...