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Nike sales may soar as discounts draw shoppers; margin squeeze looms

Por: Fox Business Business December 20, 2022

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 Traderade co-founder explains why the slowing of inventory is a huge issue among retailers on 'Making Money with Charles Payne. is expected to report a big bump in second-quarter sales, as it offered deep discounts on its shoes and sportswear to keep the interest of recession-wary shoppers in its brand and clear excess inventory. Analysts are projecting a near 11% jump in quarterly sales as a bounce in its U.S. business may help overcome... + full article



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