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But we saved everything 🙂.
Jonah Lupton, investor and market commentator at Social Media / FinTwit, highlights the significant decline of NKE, noting that the stock is down 70 percent from its highs.
Lupton describes flatlined growth, a revenue peak several years ago, and a nearly 20 percent decrease in revenues since then. Margins have also continued to compress, with gross margins expected to fall below 40 percent for the first time in many years.
Lupton has previously addressed company performance in other sectors. He discussed TMDX’s response to higher fuel costs and suggested that lower fuel prices could help strengthen TMDX margins. In a separate commentary, he affirmed his strong conviction in TMDX despite ongoing frustrations with the firm.