Nike Trips and Falls to Near a 2-Year Low
In this segment of the Motley Fool Money radio show, host Chris Hill, Million Dollar Portfolio's Jason Moser and Matt Argersinger, and Aaron Bush of Supernova and Rule Breakers consider the current state and future woes of the sports retail sector.
Nike (NYSE: NKE) turned in an ugly quarterly report, and industry watchers now think the issues are chronic and run throughout the segment. It's not just an Under Armour (NYSE: UA) (NYSE: UAA) problem; it's not just a retailer problem -- it's a U.S. brick-and-mortar problem. However, Nike is a global brand, and beyond that, when it comes to e-commerce, it's doing all the right things.
A full transcript follows the video.
Source: Fool.com
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