{"id":8151,"date":"2022-12-22T23:16:49","date_gmt":"2022-12-22T23:16:49","guid":{"rendered":"https:\/\/dmsretail.com\/RetailNews\/nike-on-improved-inventory-picture-beats-expectations-triggers-wall-street-rally\/"},"modified":"2022-12-22T23:16:49","modified_gmt":"2022-12-22T23:16:49","slug":"nike-on-improved-inventory-picture-beats-expectations-triggers-wall-street-rally","status":"publish","type":"post","link":"https:\/\/dmsretail.com\/RetailNews\/nike-on-improved-inventory-picture-beats-expectations-triggers-wall-street-rally\/","title":{"rendered":"Nike, on improved inventory picture, beats expectations, triggers Wall Street rally"},"content":{"rendered":"<p> <p><a href=\"https:\/\/dmsretail.com\/online-workshops-list\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-496\" src=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png\" alt=\"Retail Online Training\" width=\"729\" height=\"91\" srcset=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png 729w, https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90-300x37.png 300w\" sizes=\"auto, (max-width: 729px) 100vw, 729px\" \/><\/a><\/p><br \/>\n<\/p>\n<div> <!--<![endif]--><\/p>\n<p><head><br \/>\n\t<meta http-equiv=\"Cache-Control\" content=\"no-cache, no-store, must-revalidate\"\/><br \/>\n\t<meta http-equiv=\"Pragma\" content=\"no-cache\"\/><br \/>\n\t<meta http-equiv=\"Expires\" content=\"0\"\/><\/p>\n<p>\t<meta charset=\"UTF-8\"\/><br \/>\n\t<!-- Always force latest IE rendering engine (even in intranet) & Chrome Frame --><br \/>\n\t<meta http-equiv=\"X-UA-Compatible\" content=\"IE=edge,chrome=1\"\/><br \/>\n\t<meta http-equiv=\"cleartype\" content=\"on\"\/><\/p>\n<p>\t<!-- Responsive and mobile friendly stuff --><br \/>\n\t<meta name=\"HandheldFriendly\" content=\"True\"\/><br \/>\n\t<meta name=\"MobileOptimized\" content=\"320\"\/><br \/>\n\t<meta name=\"viewport\" content=\"width=device-width, initial-scale=1\"\/><\/p>\n<link rel=\"profile\" href=\"https:\/\/gmpg.org\/xfn\/11\"\/>\n\t<link rel=\"pingback\" href=\"https:\/\/retailwire.com\/xmlrpc.php\"\/>\n\t<!-- <link rel=\"stylesheet\" href=\"https:\/\/yui.yahooapis.com\/pure\/0.6.0\/pure-min.css\"> -->\n\t<link rel=\"stylesheet\" href=\"https:\/\/retailwire.com\/wp-content\/themes\/retailwire\/css\/print.css\" media=\"print\"\/>\n<p><!-- Search Engine Optimization by Rank Math - https:\/\/s.rankmath.com\/home --><br \/>\n<title>Nike, on improved inventory picture, beats expectations, triggers Wall Street rally &#8211; RetailWire<\/title><br \/>\n<meta name=\"description\" content=\"Optimistic quarterly reports from two of Wall Street's bellwethers, Nike and Fedex, sent the Dow up over 500 points yesterday. Nike indicated that the brand\"\/><br \/>\n<meta name=\"robots\" content=\"follow, index, max-snippet:-1, max-video-preview:-1, max-image-preview:large\"\/>\n<link rel=\"canonical\" href=\"https:\/\/retailwire.com\/nike-on-improved-inventory-picture-beats-expectations-sets-off-wall-street-rally\/\"\/>\n<meta property=\"og:locale\" content=\"en_US\"\/><br \/>\n<meta property=\"og:type\" content=\"article\"\/><br \/>\n<meta property=\"og:title\" content=\"Nike, on improved inventory picture, beats expectations, triggers Wall Street rally - RetailWire\"\/><br \/>\n<meta property=\"og:description\" content=\"Optimistic quarterly reports from two of Wall Street's bellwethers, Nike and Fedex, sent the Dow up over 500 points yesterday. Nike indicated that the brand\"\/><br \/>\n<meta property=\"og:url\" content=\"https:\/\/retailwire.com\/nike-on-improved-inventory-picture-beats-expectations-sets-off-wall-street-rally\/\"\/><br \/>\n<meta property=\"og:site_name\" content=\"RetailWire\"\/><br \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/retailwire\/\"\/><br \/>\n<meta property=\"article:section\" content=\"in-article\"\/><br \/>\n<meta property=\"og:updated_time\" content=\"2022-12-22T09:38:29-05:00\"\/><br \/>\n<meta property=\"og:image\" content=\"https:\/\/retailwire.com\/wp-content\/uploads\/2022\/08\/manequins-anthropologie-1200x630-1.jpg\"\/><br \/>\n<meta property=\"og:image:secure_url\" content=\"https:\/\/retailwire.com\/wp-content\/uploads\/2022\/08\/manequins-anthropologie-1200x630-1.jpg\"\/><br \/>\n<meta property=\"og:image:width\" content=\"1200\"\/><br \/>\n<meta property=\"og:image:height\" content=\"630\"\/><br \/>\n<meta property=\"og:image:alt\" content=\"Nike, on improved inventory picture, beats expectations, triggers Wall Street rally\"\/><br \/>\n<meta property=\"og:image:type\" content=\"image\/jpeg\"\/><br \/>\n<meta property=\"article:published_time\" content=\"2022-12-22T08:10:55-05:00\"\/><br \/>\n<meta property=\"article:modified_time\" content=\"2022-12-22T09:38:29-05:00\"\/><br \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\"\/><br \/>\n<meta name=\"twitter:title\" content=\"Nike, on improved inventory picture, beats expectations, triggers Wall Street rally - RetailWire\"\/><br \/>\n<meta name=\"twitter:description\" content=\"Optimistic quarterly reports from two of Wall Street's bellwethers, Nike and Fedex, sent the Dow up over 500 points yesterday. Nike indicated that the brand\"\/><br \/>\n<meta name=\"twitter:creator\" content=\"@rickmoss\"\/><br \/>\n<meta name=\"twitter:image\" content=\"https:\/\/retailwire.com\/wp-content\/uploads\/2022\/08\/manequins-anthropologie-1200x630-1.jpg\"\/><br \/>\n<meta name=\"twitter:label1\" content=\"Written by\"\/><br \/>\n<meta name=\"twitter:data1\" content=\"Rick Moss\"\/><br \/>\n<meta name=\"twitter:label2\" content=\"Time to read\"\/><br \/>\n<meta name=\"twitter:data2\" content=\"Less than a minute\"\/><\/p>\n<p><!-- \/Rank Math WordPress SEO plugin --><\/p>\n<link rel=\"dns-prefetch\" href=\"https:\/\/www.googletagmanager.com\"\/>\n<link rel=\"dns-prefetch\" href=\"https:\/\/s.w.org\"\/>\n<link rel=\"alternate\" type=\"application\/rss+xml\" title=\"RetailWire \u00bb Feed\" href=\"https:\/\/retailwire.com\/feed\/\"\/>\n<link rel=\"alternate\" type=\"application\/rss+xml\" title=\"RetailWire \u00bb Comments Feed\" href=\"https:\/\/retailwire.com\/comments\/feed\/\"\/>\n<link rel=\"alternate\" type=\"application\/rss+xml\" title=\"RetailWire \u00bb Nike, on improved inventory picture, beats expectations, triggers Wall Street rally Comments Feed\" href=\"https:\/\/retailwire.com\/nike-on-improved-inventory-picture-beats-expectations-sets-off-wall-street-rally\/feed\/\"\/>\n<link rel=\"stylesheet\" id=\"wgs2-css\" href=\"https:\/\/retailwire.com\/wp-content\/plugins\/wp-google-search\/wgs2.css?ver=5.9.5\" type=\"text\/css\" media=\"all\"\/>\n<link rel=\"stylesheet\" id=\"ajax-load-more-css\" href=\"https:\/\/retailwire.com\/wp-content\/plugins\/ajax-load-more\/core\/css\/ajax-load-more.min.css?ver=5.9.5\" type=\"text\/css\" media=\"all\"\/>\n<link rel=\"stylesheet\" id=\"wp-polls-css\" href=\"https:\/\/retailwire.com\/wp-content\/plugins\/wp-polls\/polls-css.css?ver=2.77.0\" type=\"text\/css\" media=\"all\"\/>\n<link rel=\"stylesheet\" id=\"ppress-frontend-css\" href=\"https:\/\/retailwire.com\/wp-content\/plugins\/wp-user-avatar\/assets\/css\/frontend.min.css?ver=3.2.8\" type=\"text\/css\" media=\"all\"\/>\n<link rel=\"stylesheet\" id=\"ppress-flatpickr-css\" href=\"https:\/\/retailwire.com\/wp-content\/plugins\/wp-user-avatar\/assets\/flatpickr\/flatpickr.min.css?ver=3.2.8\" type=\"text\/css\" media=\"all\"\/>\n<link rel=\"stylesheet\" id=\"ppress-select2-css\" href=\"https:\/\/retailwire.com\/wp-content\/plugins\/wp-user-avatar\/assets\/select2\/select2.min.css?ver=5.9.5\" type=\"text\/css\" media=\"all\"\/>\n<link rel=\"stylesheet\" id=\"style-css\" href=\"https:\/\/retailwire.com\/wp-content\/themes\/retailwire\/css\/style.css?ver=5.9.5\" type=\"text\/css\" media=\"all\"\/>\n<link rel=\"stylesheet\" id=\"addthis_all_pages-css\" href=\"https:\/\/retailwire.com\/wp-content\/plugins\/addthis\/frontend\/build\/addthis_wordpress_public.min.css?ver=5.9.5\" type=\"text\/css\" media=\"all\"\/>\n<link rel=\"stylesheet\" id=\"font-awesome-css\" href=\"https:\/\/retailwire.com\/wp-content\/plugins\/wpdiscuz\/assets\/third-party\/font-awesome-4.5.0\/css\/font-awesome.min.css?ver=4.5.0\" type=\"text\/css\" media=\"all\"\/>\n<link rel=\"stylesheet\" id=\"wpdiscuz-frontend-css-css\" href=\"https:\/\/retailwire.com\/wp-content\/plugins\/wpdiscuz\/assets\/css\/wpdiscuz.min.css?ver=9999\" type=\"text\/css\" media=\"all\"\/>\n<link rel=\"stylesheet\" id=\"wpdiscuz-validator-css-css\" href=\"https:\/\/retailwire.com\/wp-content\/plugins\/wpdiscuz\/assets\/third-party\/validator\/validator.min.css?ver=5.9.5\" type=\"text\/css\" media=\"all\"\/>\n<link rel=\"stylesheet\" id=\"wpdiscuz-tooltipster-css-css\" href=\"https:\/\/retailwire.com\/wp-content\/plugins\/wpdiscuz\/assets\/third-party\/tooltipster\/css\/tooltipster.min.css?ver=5.9.5\" type=\"text\/css\" media=\"all\"\/>\n<p><!-- Google Analytics snippet added by Site Kit --><\/p>\n<p><!-- End Google Analytics snippet added by Site Kit --><\/p>\n<link rel=\"https:\/\/api.w.org\/\" href=\"https:\/\/retailwire.com\/wp-json\/\"\/><link rel=\"alternate\" type=\"application\/json\" href=\"https:\/\/retailwire.com\/wp-json\/wp\/v2\/posts\/156708\"\/><link rel=\"EditURI\" type=\"application\/rsd+xml\" title=\"RSD\" href=\"https:\/\/retailwire.com\/xmlrpc.php?rsd\"\/>\n<link rel=\"wlwmanifest\" type=\"application\/wlwmanifest+xml\" href=\"https:\/\/retailwire.com\/wp-includes\/wlwmanifest.xml\"\/>\n<meta name=\"generator\" content=\"WordPress 5.9.5\"\/>\n<link rel=\"shortlink\" href=\"https:\/\/retailwire.com\/?p=156708\"\/>\n<link rel=\"alternate\" type=\"application\/json+oembed\" href=\"https:\/\/retailwire.com\/wp-json\/oembed\/1.0\/embed?url=https%3A%2F%2Fretailwire.com%2Fnike-on-improved-inventory-picture-beats-expectations-sets-off-wall-street-rally%2F\"\/>\n<link rel=\"alternate\" type=\"text\/xml+oembed\" href=\"https:\/\/retailwire.com\/wp-json\/oembed\/1.0\/embed?url=https%3A%2F%2Fretailwire.com%2Fnike-on-improved-inventory-picture-beats-expectations-sets-off-wall-street-rally%2F&amp;format=xml\"\/>\n<!-- CANDDi https:\/\/www.canddi.com\/privacy --><\/p>\n<p>            <noscript style=\"position: absolute; left: -10px;\"><img decoding=\"async\" src=\"https:\/\/i.canddi.com\/i.gif?A=88a5e3a2ea115dd23cb97a3e9e44723d\"\/><\/noscript><br \/>\n            <!-- \/END CANDDi --><br \/>\n<!-- This site is using AdRotate v5.8.11 Professional to display their advertisements - https:\/\/ajdg.solutions\/ --><br \/>\n<!-- AdRotate CSS --><\/p>\n<p><!-- \/AdRotate CSS --><\/p>\n<p><meta name=\"generator\" content=\"Site Kit by Google 1.89.0\"\/>&#13;<\/p>\n<p><!-- BEGIN recaptcha, injected by plugin wp-recaptcha-integration  --><\/p>\n<p><!-- END recaptcha --><br \/>\n<meta name=\"generator\" content=\"Powered by WPBakery Page Builder - drag and drop page builder for WordPress.\"\/><\/p>\n<p><!-- Google Tag Manager snippet added by Site Kit --><\/p>\n<p><!-- End Google Tag Manager snippet added by Site Kit -->\n<link rel=\"icon\" href=\"https:\/\/retailwire.com\/wp-content\/uploads\/2016\/02\/cropped-rw-favicon-white-2-512x512-32x32.jpg\" sizes=\"32x32\"\/>\n<link rel=\"icon\" href=\"https:\/\/retailwire.com\/wp-content\/uploads\/2016\/02\/cropped-rw-favicon-white-2-512x512-192x192.jpg\" sizes=\"192x192\"\/>\n<link rel=\"apple-touch-icon\" href=\"https:\/\/retailwire.com\/wp-content\/uploads\/2016\/02\/cropped-rw-favicon-white-2-512x512-180x180.jpg\"\/>\n<meta name=\"msapplication-TileImage\" content=\"https:\/\/retailwire.com\/wp-content\/uploads\/2016\/02\/cropped-rw-favicon-white-2-512x512-270x270.jpg\"\/><\/p>\n<p>\t\t<noscript\/><br \/>\n\t<!-- Google Tag Manager --><\/p>\n<p><!-- End Google Tag Manager --><\/p>\n<p><\/head><\/p>\n<p><body class=\"post-template-default single single-post postid-156708 single-format-standard custom-background wpb-js-composer js-comp-ver-6.7.0 vc_responsive\" id=\"wp_automatic_ReadabilityBody\"><br \/>\n<!-- Global site tag (gtag.js) - Google Analytics --><\/p>\n<p><!-- Google Tag Manager (noscript) --><br \/>\n<noscript><iframe loading=\"lazy\" src=\"https:\/\/www.googletagmanager.com\/ns.html?id=GTM-52XWQ7X\" height=\"0\" width=\"0\" style=\"display:none;visibility:hidden\"><\/iframe><\/noscript><br \/>\n<!-- End Google Tag Manager (noscript) --><\/p>\n<div id=\"wrapper\" class=\"hfeed site\">\n<p>\t <!-- \/#bannercontainer --><\/p>\n<div id=\"maincontentcontainer\">\n<div id=\"primary\" class=\"site-content row\" role=\"main\">\n<div class=\"sec-1-l\" style=\"width: 45%;\">\n<div class=\"content-single-dis \">\n\t\t\t\t\t\t<span class=\"s4-retail\">Retail News<\/span><\/p>\n<p>\t\t\t\t\t\t<span class=\"category_single\"><br \/>\n\t\t\t\t\t\tCNBC\t\t\t\t\t\t<!-- in-article--><\/span><br \/>\n\t\t\t\t\t\t<span class=\"date_single\"><br \/>\n\t\t\t\t\t\t <\/span><\/p>\n<div class=\"content_single\">\n<p>Optimistic quarterly reports from two of Wall Street\u2019s bellwethers, Nike and Fedex, sent the Dow up over 500 points yesterday. Nike indicated that the brand had made progress in moving out overabundant inventory and handily beat analysts\u2019 forecasts with earnings of 85 cents per share (vs. 64 cents expected) and revenue of $13.32 billion (vs. $12.57 billion expected). Nike\u2019s shares were up over 13 percent at points in trading on Wednesday.<\/p>\n<p><!-- AddThis Advanced Settings above via filter on the_content --><!-- AddThis Advanced Settings below via filter on the_content --><!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons above via filter on the_content --><!-- AddThis Share Buttons below via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --> <\/div>\n<p class=\"call_single\">\n\t\t\t\t\t\t\tMORE ON THIS STORY&#8230;\n\t\t\t\t\t\t<\/p>\n<p class=\"more-retail-news-headlines\">\n\t\t\t\t\t\t\tMORE RETAIL NEWS HEADLINES&#8230;\n\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"sec-1-r\" style=\"float: left; margin-right: 20px;\">\n<p><span class=\"module-label-2 title-dis-2\">Discussions<\/span><\/p>\n<p>Check out RetailWire&#8217;s Engaging Online Discussions Featuring Our Exclusive Braintrust!<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p> <!-- \/#primary.site-content.row --><\/p><\/div>\n<p> <!-- \/#maincontentcontainer --><\/p>\n<p>\t <!-- \/.footercontainer --><\/p>\n<\/div>\n<p> <!-- \/.#wrapper.hfeed.site --><\/p>\n<p><!-- DO NOT COPY THIS SNIPPET! &mdash; HubSpot Identification Code --><\/p>\n<p><!-- End of HubSpot Identification Code &mdash; DO NOT COPY THIS SNIPPET! --><\/p>\n<p><!-- Start of Async HubSpot Analytics Code for WordPress v1.2.2 --><\/p>\n<p><!-- End of Async HubSpot Analytics Code --><\/p>\n<p><!-- BEGIN recaptcha, injected by plugin wp-recaptcha-integration  --><\/p>\n<p><!-- END recaptcha --><br \/>\n\t\t<!-- Google Tag Manager (noscript) snippet added by Site Kit --><br \/>\n\t\t<noscript><br \/>\n\t\t\t<iframe loading=\"lazy\" src=\"https:\/\/www.googletagmanager.com\/ns.html?id=GTM-52XWQ7X\" height=\"0\" width=\"0\" style=\"display:none;visibility:hidden\"><\/iframe><br \/>\n\t\t<\/noscript><br \/>\n\t\t<!-- End Google Tag Manager (noscript) snippet added by Site Kit --><\/p>\n<p><!--  --><\/p>\n<p><!-- Listrak Analytics &ndash; Javascript Framework --><\/p>\n<p>\u00a92022 RetailWire LLC. All rights reserved.<\/p>\n<p><\/body>\n<\/div>\n<p><p><a href=\"https:\/\/dmsretail.com\/online-workshops-list\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-496\" src=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png\" alt=\"Retail Online Training\" width=\"729\" height=\"91\" srcset=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png 729w, https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90-300x37.png 300w\" sizes=\"auto, (max-width: 729px) 100vw, 729px\" \/><\/a><\/p><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nike, on improved inventory picture, beats expectations, triggers Wall Street rally &#8211; RetailWire &#13; Retail News CNBC Optimistic quarterly reports from two of Wall Street\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4307,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-8151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts\/8151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/comments?post=8151"}],"version-history":[{"count":0,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts\/8151\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/media\/4307"}],"wp:attachment":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/media?parent=8151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/categories?post=8151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/tags?post=8151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}