Nike's Sales, Margins Show Progress — But Tariffs Still Cast A Shadow
Could the iconic swoosh be gearing up for a surprise sprint in the latter half of the year? As whispers of a potential turnaround ripple through Wall Street, Nike Inc. NKE is signaling progress toward a second-half recovery, with improving sales trends, cleaner inventories, and stronger wholesale orders.Analysts pointed to stabilizing margins and healthier back-to-school demand as signs that Nike’s turnaround is gaining traction despite tariff headwinds.Bank of America Securities analyst Lorraine Hutchinson ...