Nike's Sales Drop in China, Despite Strong Q2
Update: 2025-12-19
Description
Nikes Q2 earnings beat expectations, but weaker China sales and a gloomy outlook for future growth led to a stock drop. Despite a 9% sales surge in North America, a 17% decline in China and a projected revenue decrease in Q3 overshadowed the positive results. Analysts remain cautiously optimistic, with some maintaining a buy rating.
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