DECK - Nike set to cross the FY finish line lagging behind competitors
2024-06-27 13:21:28 ET
There’s a low bar for Nike’s ( NYSE: NKE ) FQ4 results after the close on Thursday and the stock’s performance reflects investors’ lack of enthusiasm for the stock given anemic innovation versus rivals and emerging popularity of brands like Adidas (ADDYY, ADDDF), HOKA ( DECK ) and On ( ONON ), all of which continue to steal market share from Nike ( NKE ). ...
Nike set to cross the FY finish line lagging behind competitors