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Nike's New CFO David Denton Emphasizes Realistic Financial Planning

Footwear News ·

NKE Nike Inc
$37.30 -2.66%
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  1. 1Wall Street analysts met with Nike's new Chief Financial Officer David Denton this week.
  2. 2Nike shares fell 78% this summer from their November 2021 peak.
  3. 3The decision to expand Jordan Brand products priced below the $100 mark appears to have been a mistake.

So what's the key point?

Nike's new financial chief is focusing on realistic plans. The decision to increase the number of cheaper Jordan Brand products seems to have been a mistake.

Source Footwear News · View original ↗

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