Nike has a 'catalyst-rich' next 6 to 12 months, says Neuberger Berman's Kevin McCarthy

Shares of Dow component Nikely Nike are down sharply. They're now down by about 10 and a half%. The company warning that sales will fall for the rest of this calendar year.Joining us right now is Newberger Berman senior research analyst Kevin McCarthy. Kevin, the company said yesterday that this turnaround is taking longer than the street had anticipated. Um do you think the selloff is warranted.Down 10 and a half% this morning. >> Good morning, Becky. Um, you know, I I think this is, as they've suggested m ...