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Nike stock drops as revenue falls short of estimates, China sales plunge again

CNBC Business·October 1, 2026·1 min read
Nike stock drops as revenue falls short of estimates, China sales plunge again

Nike is expected to report another quarter of declining sales as the company struggles to turn around its business and regain growth in China. Revenue is projected to fall short of estimates, with China sales plunging again, highlighting ongoing challenges for the sportswear giant in key markets.

Read at CNBC Business
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