Nike's prospects look dim as China business continue to remain an area of concern
Published on: Dec. 19, 2025, 7:39 a.m. | Source: CNBC TV18
Following the company's warning that sales will drop this quarter due to ongoing problems in China and with the Converse brand, Nike Inc.'s stock fell. After two consecutive periods of growth, the largest sportswear firm in the world anticipates revenue to drop in the low single digits during the three months that began on December 1.
