NIKE, Inc. Announces Third Quarter Fiscal 2024 Earnings and Conference Call

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3 reasons Nike's (NKE) running business has lagged: UBS

February 26, 2024 7:30 PM EST

In a note to clients this week, analysts at UBS highlighted three reasons they believe Nike's (NYSE: NKE) running business has lagged, noting that the sportswear giant's last earnings report was "disappointing."

The bank hosted its fourth "deep dive" call with athletic wear industry experts, aiming to examine why Nike's running business has lagged.

UBS believes Nike's strategic choices are likely hurting its... More