What To Expect From Nike’s Earning Report This Week?

By John Heerdink LinkedIn

Reportedly, Nike Inc. will be reporting its fourth-quarter fiscal earnings on Thursday and host a conference call at 5 p.m E.T. The sportswear giant’s stock is almost up by 17% in last one year but here are some recent events that might get you wondering how they  may report:

• Nike’s third quarter was not overly impressive
• Investors have raised concerns over the impact of the trade war with China
• Nike’s earning per share is expected at 66 cents, reporting total revenue of $10.15 billion
• Nike’s ongoing innovation, results from sneaker retailers, and the athleisure trend could bold well for their future

NIKE, Inc. (NIKE) is the world’s top designer, marketer, and distributor of athletic footwear, equipment, apparel, and accessories. The Beaverton, Oregon based company offers products for a wide variety of sports and fitness activities. To learn more about NIKE, Inc. (NIKE) and to continue to track its progress please visit the Vista Partners NIKE Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

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June18(16)

Nike Reports Earnings Today. Here’s What to Expect.

Retail has suffered recently, and many investors are worried about the impact of a trade war on a whole host of companies, Nike included…

finance.yahoo.com

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