Nike's Bold Move: Can They Bounce Back?

Nike reports its fiscal Q3 earnings this Thursday, and all eyes are on the numbers! Analysts predict earnings of 29 cents per share and an impressive $11.01 billion in revenue. As CEO Elliott Hill leads a turnaround amidst challenges like new tariffs on Chinese imports and soft consumer spending, Nike is feeling the pressure. With a new 20% tariff potentially squeezing margins and weak retail sales affecting top brands, can Nike navigate these hurdles? Innovation is the key! From a fresh partnership with Skims to targeted campaigns for female athletes, Nike aims to reclaim its market share. Will they succeed? Join us to find out!

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