Near-Term Headwinds Send Nike To The Bargain Basement
03 Outubro 2022 - 05:38PM
ValueWalk
Nike falls on a mixed FQ1 report that has the analysts worried
about margins. Bloating inventory led to increased markdowns and
this is expected in Q2 as well. Near-term headwinds are weighing on
shares but a long-term buying opportunity is on the way. Nike’s
(NYSE:NKE) FQ1 report is a wake-up call for investors who’ve not
[…]
https://www.valuewalk.com/near-term-headwinds-send-nike-to-the-bargain-basement/
Nike (NYSE:NKE)
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