Analyst Randal Konik noted that Nike (NKE) continues to clear through inventory, which has resulted in higher markdowns. However, he reminded that a key pillar of Nike's (NKE) 'Win Now' strategic ...

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“Retailers all say the same thing: Clearance inventory drains cash, takes up valuable space, and limits ability to bring in new products,” Olk says. "Offloading clearance inventory may be the ...

Nike guided for a larger sequential drop in sales in the current quarter as it continues to clear out inventory to reset its business model. The sportswear brand on Thursday said that it expects ...

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Jefferies weighed in on the impact of Nike's (NKE) earnings report and cautious guidance on Foot Locker. "These efforts should bear fruit in upcoming Qs, as NKE introduces newness and returns to ...