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NKE saw its stock trading at around $83 on October 2, 2022, when the Fed kept increasing rates, and now remains up by about 24% from those levels. ....
Nike said in December that supply chain headwinds were set to be ‘short term’, but will that remain the case when it reports its next set of results? ....
The brakes are set to be applied to Nike’s revenue growth and earnings are set to fall for the first time in over year as the company battles against supply chain disruption and rising costs. ....