Inventory And Product ManagementJordan brand needs a reset in terms of growth expectations as the brand has several key franchises with excess inventory at retail and across resale markets.
Market Share And CompetitionNike has ceded share in run specialty, tennis and more recently in lifestyle, while smaller competitors continue to perform well.
Revenue And Sales PerformanceNike expects revenue to fall 8-10%, with a decline in gross margin for the quarter.