JD Sports CFO Dominic Platt stated that a Nike business turnaround is a matter of time.
Platt told Reuters the British retailer sees positive performance in Nike’s running shoe lines.
The endorsement follows a period of struggling share prices for the U.S. sportswear giant.
Nike is currently executing a strategic reset to prioritize key sports and rebuild wholesale relationships.
The comments arrive before Nike reports fiscal first-quarter earnings on October 1.