US EditionEarnings Preview: What To Expect From Nike And How Its Handling Tariffs
- Nike is expected to report poor quarterly results after it warned investors that the low point of its turnaround could come in its fiscal fourth quarter.
- Nike faces a 30% tariff on goods imported from China, raised by President Donald Trump, impacting its sales and profits.
- Despite challenges, signs show that Nike's efforts to release innovative styles are resonating with consumers, according to a bank.
- Investors will pay close attention to Nike's guidance during its earnings call at 5 p.m. ET.
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NBC Chicago+2 Reposted by 2 other sources
Nike will report earnings after the bell. Here's what Wall Street expects
Nike said its fiscal fourth quarter will see the worst of its turnaround efforts but investors are wondering if sales and profits still have more room to fall.
·Chicago, United States
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Leaning Left2Leaning Right1Center4Last UpdatedBias Distribution57% Center
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- 57% of the sources are Center
57% Center
L 29%
C 57%
14%
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