Feb. 6 at 1:45 PM
$NKE is down 15.6% in just six months 👟📉—and the pressure is real.
⚠️ Macro & tariff headwinds squeezing costs
🔻 Greater China slump: Q2 revenues -17% YoY, digital -36%
🛍️ Sportswear demand soft, traffic weak, discounting intense
📦 Inventory & supply-chain resets dragging margins
💰 Gross margin -300 bps as promotions, mix and tariffs bite
Nike’s brand is still elite—but with China weakness, digital slowing and margin recovery pushed out, patience is being tested. Long-term story intact, near-term pain ongoing. 👀
Track developments here: https://www.zacks.com/stock/quote/NKE?cid=sm-stocktwits-0-quote_overview-oc-32250&ADID=SYND_STOCKTWITS_TWEET_0_QUOTEOVERVIEW_OC_32250