welcome
The Motley Fool

The Motley Fool

Business

Business & Economics

Buying the Dip in Nike's Stock Could Be a Mistake

The Motley Fool
Summary
Nutrition label

70% Informative

Nike beat earnings and revenue expectations in its fiscal third quarter .

But despite this win, shares dropped sharply after the report.

Nike CEO Elliott Hill didn't sugarcoat it: He was "not satisfied" with the company's results.

The company is still in the middle of a strategy reset, with no clear signs of stability.

Small business owner?

Otherweb launches Autoblogger—a revolutionary way to bring more leads to any small business, using the power of AI.