1439 ET - Nike's F3Q earnings came ahead of expectations, but its F4Q outlook didn't and it's too early to get excited about a turnaround, Raymond James analysts say in a research note. The sportswear brand continues to reduce exposure to classics Air Force 1, Air Jordan 1 and Dunk models as it looks to clear inventory and lean more aggressively on innovation, but the analysts say they worry that significant discounting of classics could damage the brand. "Consumers seeing classics on sale for a multi-quarter period could think twice about transacting at full-price for other products--ie, Why not wait for Nike's discount?" Nike slides 6%. (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
March 21, 2025 14:39 ET (18:39 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。