We believe that both inventories and gross margins are set to improve in the coming quarters, says a Morningstar analyst on Nike (NKE). David Swartz and Brian Nagel discuss the takeaways from Nike's earnings. Morningstar notes that Nike outperformed their expectations in 2Q despite concerns of slowing consumer spending. They talk about how Oppenheimer has an outperform rating on Nike. Tune in to find out more about the stock market today.
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