Nike Sales Are Accelerating, as Famous Footwear Should See Positive Nike Comps in Q3, and Shoe Carnival Inflecting Positive in Q4

Nike’s decision to stop selling on Amazon has been beneficial for Famous Footwear, Shoe Carnival, and Calares. Wedbush’s Christopher Svezia covers all four companies and states that Nike’s success has had a ripple effect in the shoe industry.

For more on Christopher Svezia’s comments: Nike’s break with Amazon benefits Famous Footwear and Shoe Carnival: Wedbush