Nike's turnaround is showing signs of working as pressure from rivals eases, analyst says

Core Viewpoint - Nike is facing challenges related to competition and tariffs, but there are indications that the company may be overcoming these issues [1] Group 1 - The sneaker and athletic-gear maker is experiencing concerns regarding competition in the market [1] - Tariffs are also a significant concern for Nike, impacting its operational costs [1] - An analyst suggests that Nike might be turning a corner in addressing both competition and tariff challenges [1]