NIKE's Jordan Air Rev Brings Flight Lock System to Aid Golfers' Move

NIKE Inc. NKE has been making efforts to offer a seamless experience. The company is intensifying its focus on sports and speeding up the introduction and expansion of new products and innovations.We note that NIKE’s Jordan Brand Air Rev has come up with Flight Lock technology to bring a customizable system of containment to aid golfers. This will be initially available on May 14 at jordan.com and select retail partners in North America, which will then be launched globally in the future months. Golfers can avail new Jordan Brand Golf apparel this summer.More Details on NKE’s AnnouncementThe Flight Lock technology debuts a movable Air Zoom unit keeping the trailing foot locked in place, with effective pressure on every swing. The Air Zoom unit pairs with an interchangeable Formula23 foam, which is to be used on the lead foot, while providing cushioned stability. Hence, the latest customizable system ensures both left and right-handed golfers have the same model of shoe with the swapping of the Air Zoom unit and Formula23 foam according to their requirements. In addition, the dial lacing system permits golfers to customize their fit further, while the leno weave strap aids them in locking in for throughout the day performance.The silhouette pairs with Jordan Brand Golf apparel that blends Michael Jordan golf silhouettes with contemporary styles, offering an edge to the game. This looks forward to offering efficiency and consistency alongside staying grounded in fit, form and functionality.What Else to Know About NIKE?NIKE is also enhancing its storytelling efforts with greater impact and boldness while elevating the overall marketplace to strengthen brand distinction and align with consumer preferences. Focus on its sports performance product category has been a key driver of its strategy.This Zacks Rank #3 (Hold) company’s multiyear innovation cycle has been mainly focused on increasing its speed to the consumer. For years, it has used the Express Lane to facilitate short-lead-time replenishment and hyperlocal design, and it expects to continue leveraging this. It has developed a new approach across the entire product creation process. During the second half of fiscal 2025, the company expects to see additional innovations to be launched from Speed Lane, including several exciting new franchises in fitness and lifestyle.Image Source: Zacks Investment ResearchHowever, NKE’s shares have lost 22.9% in the past three months compared with the industry’s 23% decline. The company has been witnessing ongoing challenges, further highlighted by its disappointing second-quarter fiscal 2025 results. In the quarter, NIKE faced continued pressure from weak sales in its lifestyle segment, declining digital revenues and challenges in the Greater China market, leading to slower revenue growth and squeezed profit margins.Key Consumer Discretionary PicksWe have highlighted three better-ranked stocks, namely, Ralph Lauren RL, Gildan Activewear GIL and Royal Caribbean RCL.Ralph Lauren, a designer and distributor of premium lifestyle products, including apparel, accessories and footwear, currently carries a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Ralph Lauren has a trailing four-quarter earnings surprise of 6.5%, on average. The Zacks Consensus Estimate for RL’s current financial-year sales indicates growth of 5.8% from the year-ago figure.Gildan Activewear, a manufacturer of premium quality branded basic activewear, carries a Zacks Rank of 2 at present. GIL has a trailing four-quarter earnings surprise of 5.3%, on average. The consensus estimate for Gildan Activewear’s current financial-year sales indicates growth of 4.4% from the year-ago figure.Royal Caribbean carries a Zacks Rank of 2 at present. RCL has a trailing four-quarter earnings surprise of 15.7%, on average.The Zacks Consensus Estimate for RCL’s 2025 sales and earnings per share indicates an increase of 8.9% and 25.7%, respectively, from the year-ago levels.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NIKE, Inc. (NKE): Free Stock Analysis Report Royal Caribbean Cruises Ltd. (RCL): Free Stock Analysis Report Ralph Lauren Corporation (RL): Free Stock Analysis Report Gildan Activewear, Inc. (GIL): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks