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Nike's Disappointing Guidance Signals Its Turnaround Is Farther From Finish Line than We Hoped

Summary by CNBC
It's hard for the market to have faith in Nike when its guidance continues to fall short of expectations.

5 Articles

Nike reported better-than-expected third-quarter revenue, but investors were not impressed by the results, as the company's outlook and weakness in China continued to weigh on the company, Reuters reported.

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Income is expected to decline between 2 and 4 per cent in the current quarter and the decline is expected to remain at a low one-digit rate

·Bogotá, Colombia
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CNBC broke the news in United States on Tuesday, March 31, 2026.
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