Nike Reports Results… And Economic Track Records Ahead Of Presidential Debate 6/27/24
CNBC's "Fast Money"
00:00
Intro
Analysis of Nike's latest earnings report, showing a sales decline and guidance cut for the fiscal year 2025 due to challenges with declining lifestyle business, digital sales, and Chinese traffic. The CEO is implementing a three-year turnaround strategy to focus on core areas like running and make organizational shifts to address these issues.
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Transcript
