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Global Wholesale Weakness Lingers: Can NIKE Reignite Sales?

Zacks Investment Research·
Global Wholesale Weakness Lingers: Can NIKE Reignite Sales?

NIKE's Q4 wholesale revenues grew 1% overall, with strong North America performance (+10%) offset by significant international weakness, particularly in Greater China (-19%). The company is implementing product innovation, franchise refreshes, and reduced promotions to rebuild demand, though the turnaround is expected to take time amid cautious consumer spending and intense competition.

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