NKE Nike Inc

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/