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Nike says turnaround plans are ‘in the middle innings,’ but investor worries remain - Tayedi Search engine

Nike says turnaround plans are ‘in the middle innings,’ but investor worries remain

2 months ago 129

Nike Inc. reported fiscal second-quarter results that beat Wall Street’s expectations, but its margins shrank, and management said the sneaker and athletic-gear giant was “in the middle innings” of its comeback plan.

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Nike says turnaround plans are ‘in the middle innings,’ but investor worries remain

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