Why Nike Shares Are Dropping After Posting Mixed Results

The transcript discusses Nike's financial performance, focusing on gross margins, regional sales, and strategic shifts. It highlights the impact of the World Cup on sales, Nike's direct-to-consumer strategy, and regional performance in North America and China. The potential effects of controversies and trade concerns, particularly tariffs, are also examined.

In what ways did the World Cup affect Nike's sales and gross margins?

What are the implications of the US-China relations on Nike's production and sales?