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ONON - Nike losing traction to Adidas Citigroup study finds
On Holding AG Class A
2024-06-23 09:00:00 ET
As a leader in the athletic sportswear category, Nike’s ( NYSE: NKE ) quarterly results not only bring an unofficial close to earnings season but are viewed as a barometer to consumer spending trends and the company’s success penetrating foreign markets. Wall Street will dissect FQ4 results next week for not only the welfare of the U.S. consumer but how the company performed in its most strategic markets....