Nike Seen Showing Progress in Turnaround -- Market Talk

Dow Jones

09/26

1159 ET - Nike should show further progress in its turnaround strategy in its next earnings report, with potential for revenue to outperform prior guidance, Raymond James analysts say in a note. The analysts say they would not be surprised to see sales down low-single digits, versus the mid-single digit decline the company previously forecast. Nike's new innovation has been well received, and its wholesale and direct-to-consumer businesses are improving sequentially, the analysts say, though several headwinds remain, including rising costs and continued soft demand in China. (kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

September 26, 2025 11:59 ET (15:59 GMT)

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The analysts say they would not be surprised to see sales down low-single digits, versus the mid-single digit decline the company previously forecast. Nike's new innovation has been well received, and its wholesale and direct-to-consumer businesses are improving sequentially, the analysts say, though several headwinds remain, including rising costs and continued soft demand in China. (kelly.cloonan@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 26, 2025 11:59 ET (15:59 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PRGS","symbol_name":"Progress Software Corporation","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2570183861","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2570183861","pubTimestamp":1758902340,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1159 ET - Nike should show further progress in its turnaround strategy in its next earnings report, with potential for revenue to outperform prior guidance, Raymond James analysts say in a note. 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