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BUY · NKE

Buy NKE by Dec 22, 2024.

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YouAlwaysHaveAChoicereddit
via r/wallstreetbets
· Published Nov 22, 2024 02:44 · Valid until Dec 22, 2024 · SUCCESS
Entry
$77.40
Final
$78.00 +0.8%
Target
Score
+0.08
We haven’t heard anything about it in a while. The last earnings call was pretty bad. Sales tanked 10% yoy and EPS dropped 26%. Over the past few years, management decided it was a good idea to focus more on the direct-to-consumer business and took product away from store shelves. This has proven to be a poor decision, as that business has dropped 13%. On September 19, Nike announced Elliot Hill will be the new CEO. The market loved the …
— ORIGINAL POST · Keep an eye on NKE · r/wallstreetbets · Feb 5, 2025