Sell NKE by Sep 24, 2026.

Nike will be releasing earnings next week. Management already prepared us to not expect any major wins A lot seems to have gone wrong with the company in recent years, and the worst part is that this seems to mostly have been self-inflicted. 1. Went all in direct to consumer, cut wholesale partners, destroyed those relationships 2. Flooded the market with AF1, AJ1, Dunks, and killed the heat on some of their best franchises 3. They chased lifestyle revenue, and …