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Nike shares fall as overstocked inventory weighs on earnings

Por: CNBC Business September 29, 2022

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In this articleA woman shops for shoes in the Nike Factory Store at the Outlet Shoppes at El Paso, in El Paso, Texas on November 26, 2021.Paul Ratje AFP Getty Images on Thursday said it had a strong first fiscal quarter despite supply chain issues, as well as declining sales in Greater China, its third biggest market by revenue.But the company's shares dropped in after-hours trading as the company described problems with overstocked... + full article



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