Jun 26, 09:59 PM

Nike Faces Slowest Revenue Growth in Two Years in Fourth Quarter Amid Rising Competition from Deckers' Hoka

10

Nike is expected to report its slowest revenue growth in two years for the fourth quarter due to a lack of innovation and increasing competition from Deckers' Hoka and other brands. Investors are eager to see signs of Nike's resurgence amidst market challenges.

#Nike

Written with ChatGPT (GPT-3).

Sources

CNBC@CNBC
2 years ago
LISTEN NOW: Nike reports earnings after the close today, as a consumer spending slowdown and rising competition weigh on the stock. Powers Advisory Group's Matt Powers tees up the key number to watch. Listen and follow the @CNBCWEX podcast here: https://t.co/oxVXD9Sfaa https://t.co/xAdYj9Qnlx
Streetinsider.com@Street_Insider
2 years ago
Nike $NKE earnings preview: Analysts discuss Q4 report’s key focus areas https://t.co/bTmOZ98EnT https://t.co/tHScVuyy8F
Barron's@barronsonline
2 years ago
Nike Is on the Brink of Recovery. Today’s Earnings Will Test That. https://t.co/qgfH8zYMa0

Additional media