Stifel Slashes Nike Earnings Estimates Amid Weak Demand And Portfolio Shifts

According to Yahoo Finance, analyst Peter McGoldrick lowered his fiscal 2027 and 2028 earnings-per-share forecasts for Nike by $0.20. The firm remains concerned about sluggish interest in new product releases and the declining popularity of the brand's Hoops Classics line. The st

According to Yahoo Finance, analyst Peter McGoldrick lowered his fiscal 2027 and 2028 earnings-per-share forecasts for Nike by $0.20. The firm remains concerned about sluggish interest in new product releases and the declining popularity of the brand's Hoops Classics line. The st