Did Nike Just Find the Key to a Roaring Comeback?

The first thing Nike (NKE -0.16%) tells you on its investor relations page is that it's a growth company. Its recent results, however, say the opposite. Revenue at Nike was flat in its fiscal third quarter at $12.4 billion, and was up just 1% in the first three quarters of the year. Nike is facing a number of challenges that have led to its growth stalling. It's losing market share, especially in running, to upstart competitors like On Holding and Deckers' Hoka brand. It also said it was pulling back its su ...