What's Next for Nike After Disappointing Q4 Results, Outlook for 2025

Key TakeawaysNike shares plunged Friday, a day after the company reported disappointing fourth-quarter sales and guidance for fiscal 2025.Other athletic apparel and footwear stocks including Skechers, Lululemon, Under Armour, and Foot Locker also lost ground.Several analysts lowered their price targets for Nike stock following Thursday's earnings.The company is now looking ahead to the Olympic Games, which kick off next month, as an event that could help boost sales. After Nike (NKE) reported disappointing ...