turnaround challenges

1 articles
The Motley FoolThe Motley Fool··Jeremy Bowman

Nike's Sharp April Decline Signals Deeper Troubles Ahead for Sportswear Giant

$NKE stock tumbled 16% in April after flat Q3 revenue and profit collapse. CEO Elliott Hill now forecasts low single-digit declines through next three quarters, delaying margin recovery to Q2 2027.
NKEearnings missrevenue decline