Nike Jumps as Outlook Creates Optimism in Turnaround

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  Nike putting up some good results.

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  The stock is up 15% here today It's got a market cap of north of a hundred a billion dollars put them Goyle She covers all the retailers for Bloomberg intelligence.

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  She joins us now put them the street likes what what Nike had to say What did you hear on their earnings?

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  Yeah, you know It kind of seems like we hit the bottom.

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  So I think, you know, there's only upside from here is what it seems like.

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  The results weren't spectacular.

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  Sales still fell 12 percent,

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  but they're expected to fall mid-single digits in the first fiscal quarter,

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  which was ahead of consensus.

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  And it seems that things are working.

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