Tariff turmoil could sink the stock to $40/share and make a comeback near impossible… hope it ain’t so but this year could be devastating.
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My group fired all our ETWs and replaced them with cheaper ITC employees. Everyone is furious and morale is horrible. Lots of friends gone and it feels like we don’t really have any direction.
Nike has a very diverse source base - China, Vietnam, Indonesia, Taiwan, etc. You can bet that the supply chain is shifting Europe sales orders to China, and US orders to other countries.
We're not like some companies who only have one manufacturing partner or one country that they source from.
Good thing we are a global company, maybe it’s time to focus on markets outside the U.S.
Sounds like we’re just going to go bankrupt. GG everyone!