1751 ET - Nike's 2Q results should build on recent momentum in areas like running, wholesale and its North America segment, Jefferies analysts say in a note. In North America, the retailer is seeing broad-based sport activity, with its running, training and basketball categories each posting double-digit growth in the fiscal first quarter as its wholesale business returned to growth through expanded distribution, sharper partner segmentation and healthier sell-through, the analysts say. The company's turnaround strategies "starting to show tangible benefits, evidenced by running and North America outperformance," the analysts say, adding they are more confident the company is set up to reassert its leadership. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
December 12, 2025 17:52 ET (22:52 GMT)
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