Nike's Turnaround Showing Up Foot Locker's Performance -- Market Talk

Dow Jones

Mar 06, 2025

1251 ET - Foot Locker's latest results show Nike, under new CEO Elliott Hill, is making progress in improving product direction and re-establishing wholesale ties, Jefferies analysts say in a research note. "Looking out, we have full confidence in our partnership and the steps the Nike team is taking for the brand and marketplace longer term," Foot Locker CEO Mary Dillon says on the earnings call. Jefferies sees this "reset" as foundational for long-term growth. "As Nike's channel inventories rebalance and product direction improves, we believe a substantial earnings recovery will ensue over the coming two years," Jefferies adds. Foot Locker is up 5.7%, while Nike slips 0.5%.(sabela.ojea@wsj.com; @sabelaojeaguix)

(END) Dow Jones Newswires

March 05, 2025 12:51 ET (17:51 GMT)

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Jefferies sees this \"reset\" as foundational for long-term growth. \"As Nike's channel inventories rebalance and product direction improves, we believe a substantial earnings recovery will ensue over the coming two years,\" Jefferies adds. Foot Locker is up 5.7%, while Nike slips 0.5%.(sabela.ojea@wsj.com; @sabelaojeaguix) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 05, 2025 12:51 ET (17:51 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nike's Turnaround Showing Up Foot Locker's Performance -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNike's Turnaround Showing Up Foot Locker's Performance -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-06 01:51</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1251 ET - Foot Locker's latest results show Nike, under new CEO Elliott Hill, is making progress in improving product direction and re-establishing wholesale ties, Jefferies analysts say in a research note. \"Looking out, we have full confidence in our partnership and the steps the Nike team is taking for the brand and marketplace longer term,\" Foot Locker CEO Mary Dillon says on the earnings call. Jefferies sees this \"reset\" as foundational for long-term growth. \"As Nike's channel inventories rebalance and product direction improves, we believe a substantial earnings recovery will ensue over the coming two years,\" Jefferies adds. Foot Locker is up 5.7%, while Nike slips 0.5%.(sabela.ojea@wsj.com; @sabelaojeaguix) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 05, 2025 12:51 ET (17:51 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NKE","symbol_name":"耐克","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2517940446","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517940446","pubTimestamp":1741197060,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1251 ET - Foot Locker's latest results show Nike, under new CEO Elliott Hill, is making progress in improving product direction and re-establishing wholesale ties, Jefferies analysts say in a research note. \"Looking out, we have full confidence in our partnership and the steps the Nike team is taking for the brand and marketplace longer term,\" Foot Locker CEO Mary Dillon says on the earnings call. Jefferies sees this \"reset\" as foundational for long-term growth. \"As Nike's channel inventories rebalance and product direction improves, we believe a substantial earnings recovery will ensue over the coming two years,\" Jefferies adds. 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Jefferies sees this \"reset\" as foundational for long-term growth. \"As Nike's channel inventories rebalance and product direction improves, we believe a substantial earnings recovery will ensue over the coming two years,\" Jefferies adds. Foot Locker is up 5.7%, while Nike slips 0.5%.(sabela.ojea@wsj.com; @sabelaojeaguix) \n\n\n  (END) Dow Jones Newswires\n\n\n  March 05, 2025 12:51 ET (17:51 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}