Nike's culture has to be rebuilt, says Williams Trading's Sam Poser

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Published 2024-06-28
Sam Poser, Williams Trading analyst, joins 'Squawk on the Street' to discuss Nike after the shoe brand company tumbled on weak guidance in their latest earnings report.

All Comments (21)
  • @656harnish
    I think NIKE is still a good company in the long term. Could be a good opportunity to buy
  • @elvinlee7592
    Another company's fundamentals deteriorating after the company hires a CEO without any passion for the product. In this case, a ceo who spent 20 years at Bain and never produced a product in his life.
  • @cesarforte617
    dropping Kyrie Irving didn't help the situation either.
  • @thejeffinvade
    Nike Alphafly 3 is still out of stock. Can't find my size anywhere. Hopefully I can find a pair 2 years from now in outlets.
  • is there a possibility that if you win a lot of money, your account will be closed? nice video continue like that !!!
  • @pwang33ece
    Shareholder and long time Nike fan/sneakerhead - as a customer, current Nike offering is straight up uninteresting. I haven’t bought much Nike stuff in the last 2-3 years because their designs got way too bland (why so much love for solid colors). I thought it was just me but the revenues numbers very much suggest otherwise. This is a very solvable problem. Nike had their golden age in the 90s/2000s. Their tennis designs during the Federer era were amazing. It’s not like they need to invite new tech like AI or 2nm or something. Design stuff that that sets Nike apart of everyone else and that you can tell from a distance that it’s a Nike product.
  • @ahmadtariq80
    Why didn’t people see this coming Already? The competition with fancy shoes gotten ahead of them
  • @dvidedmindz
    Nike getting their lunch eating by competition. Hoka, on cloud and new balance own Nike now.
  • @supadave422
    LOL @ Hoka taking market share 10 years from now we'll forget that brand even existed
  • I am an avid golfer , and i also love wearing tennis shoes for leisure. I have spent countless thousands on Nike shoes and golfwear, including 90.00 golf shirts, golf pants , you name it. as soon as Nike endorsed Coilin K. I gave all of my Nike products to goodwill. I now spend thosuands of dollars on Adidas......
  • @refham
    I'll not buy this shoes anymore. just soso disgusting~~ Nike is over~ and they’re just struggling to follow up asics' or new balance strategy and that's so ashamed~
  • @playbak
    Quality, quality, quality. Nike's quality controls and materials have fallen so much over the years, THAT's why it's tanking.
  • @AY-8478.
    Nike air Max heel/bubble (cushioning) can breakdown & disintegrate due to external impact from regular wear & tear!!! 2:39
  • @Jnoel608
    The generations that loved Jordan shoes are getting older. Do the younger generation love Jordans as much as previous generations
  • All these so called analysts cant see the obvious that Nike is boring and other brands are innovating, new. balance, asics, hoka etc... Nike is a staple but overvalued for what they are. Their new products are ugly they need to hire new designers and not more athletes.
  • @AY-8478.
    Nike seem to have finished the 2017 lunar trainer???!!!!... 2:39