Positive
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Proactive Investors
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about 2 months ago
Nike Inc (NYSE:NKE, XETRA:NKE) should show continued first-quarter progress as North America and wholesale stabilize, Jefferies wrote, although a slower, more promotional industry backdrop tempers the quarterly outlook. The broker expects better-positioned inventories to support a cleaner marketplace, with management bringing forward expectations for gross margin expansion to the first quarter.