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Nike stock fell 8% to a 12-year low after weak guidance and more job cuts. See what’s driving the slide and what to watch at Investor Day.
McDonald’s latest strategy update is drawing mixed views from analysts, with Wells Fargo flagging pricing and trend visibility while Guggenheim points to softer U.S. sales, decelerating global unit growth and capital reinvestments.
The latest analyst notes point to a tougher Nike turnaround, with firms flagging weak sales trends, pressure across key categories and a more challenging earnings outlook.