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Nike's sales warning splits analysts on whether its turnaround is working

Source: proactiveinvestors.com

Corporate EarningsCorporate Guidance & OutlookAnalyst InsightsConsumer Demand & Retail
Nike's sales warning splits analysts on whether its turnaround is working

Nike forecast a high-single-digit sales decline for fiscal 2027, intensifying analyst disagreement over the effectiveness of its turnaround strategy. The company also missed first-quarter revenue targets, sending shares down 5.6% on Friday.

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