Nike's Earnings Surprise: Is the Turnaround Working?
Update: 2025-10-01
Description
Nike shocks Wall Street! The sneaker giant's Q1 earnings crushed expectations, fueled by a surge in wholesale and a focus on key segments like running and North America. Despite a slight dip in direct-to-consumer sales, Nike's stock jumped nearly 4%, signaling investor confidence in CEO Elliott Hill's turnaround strategy. Is this the start of Nike's comeback story?
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