Nike Uses Lab, Innovation to Fuel Turnaround
Market Intelligence Analysis
AI-PoweredNike is leveraging its cross-functional team restructuring to drive revenue and improve profitability, according to Neuberger Berman Senior Research Analyst Kevin McCarthy.
Positive, as Nike's efforts to improve profitability may lead to increased investor confidence and potentially boost the stock price.
Article Context
Kevin McCarthy, Neuberger Berman Senior Research Analyst, says Nike’s cross-functional team restructuring was aimed not only at driving revenue but also at improving profitability. He speaks with Romaine Bostick on “The Close.” (Source: Bloomberg)
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