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The footwear giant's China business is still in recovery mode after pandemic-related supply chain issues and a boycott among Chinese consumers toward Western brands caused Nike sales to take a hit ...
Nike trimmed its annual sales forecast, ... China's retail sales rose 10.1% in November year-on-year, up also from the 7.6% increase logged in October, yet still below analysts' expectations.
Goldman Sachs analyst Brooke Roach reiterated the Buy rating on Nike, Inc. (NYSE:NKE) with a price forecast of $105. According to the analyst, the company’s first-quarter results, set to be ...
In the most recent quarter, Nike saw revenue in Greater China at $1.74 billion. Analysts had expected the segment to show $1.83 billion in sales, according to Bloomberg consensus data.
The epidemic forced Nike to temporarily shut down stores to help contain its spread in China, where it was first detected late last year. ... Digital sales climbed more than 30% in Greater China ...
BMO Managing Director and Senior Analyst, Simeon Siegel, joins Yahoo Finance to discuss an early preview of Nike’s Q4 earnings that expect the company to beat and how the main focus of investors ...
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