Nike says turnaround plans are ‘in the middle innings,’ but investor worries remain

Bullish 50.0
Nike Inc. reported fiscal second-quarter results that beat Wall Street’s expectations, but its margins shrank, and management said the sneaker and athletic-gear giant was “in the middle innings” of its comeback plan.
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.