Here's How NIKE (NKE) is Placed Just Ahead of Q3 Earnings

NIKE Inc. (NKE) is slated to release third-quarter fiscal 2024 results on Mar 21. The leading sports apparel retailer is likely to have witnessed year-over-year declines in the top and bottom in the fiscal third quarter.The company has been gaining from its Consumer Direct Acceleration strategy, along with strong demand, compelling products and robust performance in its digital and DTC businesses. Supply-chain constraints, continued weakness in Greater China and higher costs have been weighing on its bottom ...