Nike isn’t turning the corner just yet. The sports gear giant’s quarterly results this week showed a company still tripping over its own unforced errors, undercutting whatever progress it’s made toward a comeback.
Nike shared some positive news in its earnings report on Tuesday, notably modest growth in North America, where revenue rose 3%. The bump reflects gains in Nike’s key footwear business and its mended relationships with the wholesalers it dumped a few years ago.
