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Nike’s Wholesale Rebound Clashes With Under Armour’s Footwear Freefall
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Nike’s Wholesale Rebound Clashes With Under Armour’s Footwear Freefall
The post Nike’s Wholesale Rebound Clashes With Under Armour’s Footwear Freefall appeared first on 24/7 Wall St..Nike (NYSE:NKE) and Under Armour (NYSE:UAA) both just closed quarters that investors are reading as turnaround checkpoints. Nike posted a $0.35 EPS result on $11.28 billion in sales, its fourth straight beat. Under Armour delivered $0.09 adjusted EPS on $1.33 billion. Both founders-era CEOs are running comebacks. Only one has scale on …
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