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Nike They defeated the expectations for the main strike quarter of the wall street, but 9% decreased in China.
In the quarter, sales fell by 17% in the main region, 4% of Nike’s largest markets in North America.
The company shared several detail about the worldview about the existing outlook and did not publish only one management, not only the worldview of FISCAL 2025 was “consistent” for the second half of the 2025.
“The operating environment is dynamic, but the most important for Nike serves athletes with a new product innovation and re-ignite the brand brand,” said, “Finance Matt friend,” said.
How was the company’s performance compared to the assessments of analysts questioned by LSEG:
The company’s net incomes for the three-month period of February 28 that the company was $ 794 million or 54 cents for a share of February 28, 54 cents or 54 cents compared to 77 cents per share.
Sales fell to about 9% less than about 9%.
When Nike is a strong gain, the reduction of expectations and earnings fell to 32% years to reduce expectations. When the company does not share the company’s liberation, but Nike’s old trade was cleared in favor of new, innovative styles, which will participate in the expected analysts.
Releasing on Thursday, Elliott Hill approaches five months as an executive and efforts to turn around and try to grow around the work. Since Hill seizes, the company now argues with a new set of dynamics that can make it difficult to return.
Since Nike’s profit in December, President Donald Trump, a new 20% tariff for goods imported from China, was a consumer and retail in January February was weaker than expected.
Hundreds of nikes operating with the manufacturers, about 24% of them are located in China Production disclosure Was published in January. If peracender prices do not collect prices to replace tariffs and are not fully spent on suppliers, Nike’s margin is expected to hit new tasks.
Later, when consumers are permissible and return, it is one of the first things that they needed to be confusing products such as new clothes and shoes. In the last few years, consumers withdrawed over clothes and shoes, because general sports and clothing markets were slow. However, until recently, strong companies are still well performed and received a market share from weak opponents.
But this Trend began to slip Over the past few weeks, even the strongest of the strongest companies have begun to sound an alarm on gentle consumer expenses when they collect questions about the health of the economy in the first quarter.
Nike is expected to lose market share and reset their work, and some of them informed the company’s problems. Nevertheless, tariffs and economic fears can be more difficult than retailers can take longer and more difficult than expected.
Nike has already raised the main component to increase market share and women’s customer base, income and clothing sales and raising the growing customer base. Last month, Kim Kı Kim Kardashian’ın associated with branded skims to create a new product line to create a team, dress, shoes and accessories with the brand of intimates. Buzzi partnership is expected to be allowed to develop Nike with women and better compete Mull
lulhemonAlo Yoga and Vuori, who currently cared for more women than Nike.
In addition, Nike has debuted a new advertising campaign directed to female athletes during the first major game advertising for decades. The campaign showed that women will reach the athletes and seize noise around women’s sports will be the central point of the hill strategy.
When Nike’s earnings won 5.00, analysts and investors will want to know how the new product begins as the company’s innovation engine restarted. Some analysts will be the most important details to listen to the product pipeline, because the Nike’s ability to develop the best products and use the best product, and this is in sportswear and shoes.
If the rest of the remaining signs of new product releases can be drowned like noise.
This is the news. Please check again for updates.
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