Why Nike Is Struggling

[Roid Jones]

They need to sign Central Cee and push him

 

[darealvelle]

Also, shoes of modern NBA players are ugly, soulless and they all look the same. Can’t touch the athletes of the 80’s and 90’s.

Plus you can only rock them joints with joggers or sweats. With chinos or jeans you can forget about it.

 

[CrimsonTider]

It’s the competition it’s never been this much

 

[IIVI]

They’re not a bad company.

The stock is down because it’s price was nearly 50x it’s earnings.

 

[winb83]

I been buying at least a share every paycheck since July 2024. Will continue to average down for the foreseeable future. Goal is 100 shares or buy until the price gets too high.

 

[MajesticLion]

Growth.

 

[winb83]

Growth.

Nike's EBIT is more than New Balance last reported entire revenue. Nike even with it's late issues is 10x the revenue of New Balance.

 

[MajesticLion]

Nike's EBIT is more than New Balance last reported entire revenue. Nike even with it's late issues is 10x the revenue of New Balance.

You don't say.

 

[Tribal Outkast]

Nike said they’re not playing with y’all lol. This ad is brilliant

 

[AnonymityX1000]

Nike said they’re not playing with y’all lol. This ad is brilliant

Cool I wonder how basketball players like her shoe. Sabrina is winning with hers.

 

[Pazzy]

Growth.

That screencap

Oh and i got new balances too. Going to buy some more too. Might be a different color scheme but the all black is fine with me. Its true that new balance has a better arch support than nikes. Only time i get nikes are too collect them as a exclusive rare sneaker that wont be made again. I have a few that I would like to get and been looking on stock x for the right time

 

[Brolic]

Been buying Nike stock. At least 2 shares a month since July 2024. They'll be back. They are damn near the most iconic brand in existence.

Bounce back will be amazing

 

[MajesticLion]

Deckers Brands closed out Koolaburra

 

[winb83]

I'm still buying. Turnaround plays can take years to play out.

 

[Lucky_Lefty]

Went to one of the Nike Collective stores today and it's the first time I've been in a brick & mortar Nike store in probably 2/3 yrs. Everything in there was ass. bland ass Monarch looking sneakers. Thick soled Air Maxes. Minimalistic looking jogging suits, etc. I haven't bought from that brand in a minute. It's either Adidas, UA, or even VRST "ath-leisure" clothing.