Consumer Discretionary Stocks: Figs, Nike, News Corp Underperform

Consumer discretionary stocks have been underperforming lately, lagging behind the S&P 500's return by 4.8 percentage points over the past six months.

Three companies that are struggling to keep up with the market are Figs (FIGS), Nike (NKE), and News Corp (NWSA).

Figs, a healthcare apparel company founded in 2013, has seen sluggish trends in its active customers and restricted ability to fund investments or reward shareholders due to its weak free cash flow margin of 10.7% for the last two years.

Nike, a global athletic footwear and apparel giant, is facing challenges in maintaining its market share with weak constant currency growth over the past two years and a poor free cash flow margin of 5.9% for the last two years.