Reported about 7 hours ago
Nike faces significant challenges, reflected in a 39% drop in share price over the past five years. Despite generating $11.3 billion in revenue for Q3 2025, a 9% decline year-over-year, investors are eyeing a potential turnaround under new CEO Elliott Hill, who is prioritizing brand innovation and returning to key retail partnerships. With shares trading at a low P/E ratio of 20.9, some analysts believe there is potential for substantial gains, though the associated risks remain high in the unpredictable fashion industry.
Source: YAHOO