Stifel analyst Jim Duffy said signs of North American improvement, continued strength in International and accelerating trends in direct-to-consumer seen in Nike's Q2 report make an expectation for a return to high-single digit revenue growth in FY19 "more credible." He keeps a Buy rating and $74 price target on Nike shares following last night's earnings report.

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Nike is expected to change several elements of its new Major League Baseball uniforms by the start of the 2025 season after months of complaints from fans and players, The Athletic's Stephen J. Nesbitt and Mark Puleo report. According to a memo from the MLB Players Association to players, after weeks of conversations with the league and Nike, its official uniform supplier, the union has "receive indications" that changes will be made, including returning to the larger lettering on the jersey tops, and bringing back previous tailoring options on the pants, as well as seam stitch count and higher-quality zipper that were in place in 2023. "This has been entirely a Nike issue," the memo said. "At its core, what has happened here is that Nike was innovating something that didn't need to be innovated." Reference Link