Nike Expects Pressure on 2Q Sales Growth -- Market Talk
Dow Jones2026/10/01 22:101809 ET - Nike says growth rates in the current second quarter will likely be pressured. The company will be comparing with a quarter when certain promotional events helped Nike's performance last year, executives say during a call with analysts. Along with that, Nike is also reducing supply in parts of the marketplace. Those actions are expected to create pressure through the rest of this fiscal year, and contribute to challenges in the current quarter, executives say. Together, the reductions and the year-over-year comparison represent a headwind of about 4 percentage points to revenue growth in the second quarter, they say.(katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
October 01, 2026 18:10 ET (22:10 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nvidia’s $1 Billion Option Dispute: Does This Early Advisor Have a Case?
RWA active management scale has increased by more than 15 billion dollars in 9 months
Best Altcoins To Buy And Hold Till 2030: Standard Chartered’s Geoffrey Kendrick Names Top 4
Crypto prices
More
