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(Updates to include Pace initiative details in the seventh and eighth paragraphs, with the stock mov
Nike's first-quarter earnings per share of $0.48 compared with a consensus of $0.44, but sales missed, and it guided to a high-single-digit revenue fall in fisc
Nike just slipped below its 52-week low while the broader market climbs, but one analyst sees a path to gains that would leave the rest of Wall Street stunned. The question is whether the turnaround math actually works.