Could the iconic swoosh be gearing up for a surprise sprint in the latter half of the year? As whispers of a potential turnaround ripple through Wall Street, Nike Inc. (NYSE:NKE) is signaling progress toward a second-half recovery, with improving sales trends, cleaner inventories, and stronger wholesale orders.
Analysts pointed to stabilizing margins and healthier back-to-school demand as signs that Nike’s turnaround is gaining traction despite tariff headwinds.
