Nike's growth is slowing down and competitors are catching up. What does this mean for the Swoosh?

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Nike sales down big, company slashes revenue forecasts - https://www.cnbc.com/2023/12/21/nike-nke-earnings-q2-2024.html

Nike stock price dropping while competitors On and Deckers (Salomon) surging - https://www.reuters.com/business/retail-consumer/nike-shares-falter-weak-consumer-spending-prompts-forecast-cut-2023-12-22/

Nike athletes are finishing on top of the podium less than in previous years relative to competitors - https://www.ft.com/content/e83d7cf5-5752-469e-bdf2-659bc5c92c1c