stock went up by 10 percent!
Because we deliver such great news? or just shorts covering after having a great slide down.
If I knew, I would not be in this site LOL
But Nike is human labor intensive company!! Layoff and going bare bones will not be the answer. It takes a lot of talent, blood, sweat, tears, commitment and coordination to come out with designs and campaigns that will lead to next leg.
Laying off might be what wall street wants but wall street is not shoppers of Nike product
When you are able to read financial statements, you can easily understand the gap between 11 billions of income and 211 millions of results. The gap is explained by Financial provisions (= severance packages)...so yes, layoffs are coming and already visibles in the financial statements.
@an+1jyrz9h5f What are you talking about? Wall Street hates layoffs. When JD announced them stock plummeted, as is often the case. Stock spiked because tariffs, faith, and return to sport. It’s a signal of confidence in the strategy
Uh. Hello?
Stock spikes happen BECAUSE layoffs are coming.
That’s the whole point.
I’ll check back in 2 months to see if you’re all still deluded.
Have a beautiful day!!!!
Nike is BACK!! Fk all of you who disagree!
Seriously? The entire market is up toward new all time highs due to tariff and trade talks. We are still deep in the woods, maybe no longer lost, but a long way from home.