Nike (NKE) shares are getting a boost on Thursday after the company released its third quarter earnings results. David Swartz, equity analyst at Morningstar, joins Asking for a Trend host Julie Hyman to discuss the earnings report, the challenges Nike still needs to overcome, and what the future may hold for the company.

Swartz notes, “There’s not really going to be a turnaround [for Nike] … until probably at least fiscal year 2026.”

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