Nike's earnings boosted rivals such as On Holding, Foot Locker and Under Armour. Here's what Wall Street think the report means for the sportswear sector.
U.S. stocks were trading mostly lower on Friday afternoon, as investors weighed the latest data from the Federal Reserve's preferred inflation gauge in a.
Adidas shares fell 4% and Puma shares dropped 5%, as the German sports-gear rivals suffered from the profit warning at Foot Locker. Foot Locker reported a.