Nike went from “Just Do It” to “Just Blew It.” The stock fell from its record closing high of $177.51 in November 2021 to $39.48 on August 25, 2026—a nearly 78% decline. The Swoosh has become a downhill chart. 📈
14 replies (most recent on top)
@ky “Sure buddy. Whatever you say. lol”, the intellectual equivalent of throwing a crayon and declaring victory.
Maybe it’s time for a new design or product leader. If fresh innovative product is the issue. Maybe put someone in place with new and fresh POV.
@aq What are you smoking?
Top 5 Athletic Footwear and Apparel Brands by Revenue (it’s not even close). Adidas may be in 3rd place soon.
Nike: ~$46–$51 billion
Adidas: ~$26–$30 billion
Decathlon: ~$16 billion
Lululemon: ~$10 billion
Skechers: ~$9 billion
@ag Sure buddy. Whatever you say. lol
@cy “Bulletproof” at $39 a share, with $200 billion in value erased? I’d call you delusional, but at this point, that would be a compliment.
@cy You are kidding right, and a product line review that hasnt hit stores yet and DSG sakes are down.
@c7 doesn’t compute… we just had our best product line review ever, we’re bullet proof.
Lack of vision - lack of a dream - a brand that went from just do it to winning isn’t for everyone - a self fulfilling prophecy
@ae so old guard wasn’t the bet, what’s the next plan? Have Phil or Mark run the company? We lack new ideas, but at least the rest of the shoe industry is too…
I remember when everyone screamed it was JD fault, reality is, we just realized we were lucky. We never had any real talent, it was all vibes and luck. Also just being a bully in the market. It’s all AI now, no one cares about athletic apparel.
@ag +1000 to your sentinment
Adidas is dominating Nike
@a5 I don’t work for Adidas, a--hole—I work for Nike. It genuinely pains me to see how far the brand has fallen, but complacency and smug behavior like yours are exactly how we got here. So, respectfully, fu-k you.
Next earnings call should put the final nail in EH’s coffin
Can’t come soon enough
@OP How many times has Adidas required you to post this exact same message, troll? Decathlon is nipping at your heels. Adidas employees should be focusing on that. You’ll be in third place soon. lol