Nike Stock: China Worries Hang Over NKE Earnings
by Karee Venema
Dec 20, 2021
3 minutes
Nike (NKE, $161.78) headlines a thin earnings calendar this week. BofA Global Research analysts Lorraine Hutchinson and Christopher Nardone aren't expecting any surprises when the athletic apparel maker reports its fiscal second-quarter results after Monday's close.
Indeed, Nike may have caught the Street off-guard in its last two reports, updating its five-year plan in June and then lowering its fiscal 2022 sales guidance in September – the latter due to supply-chain issues and COVID-related factory closures in
You’re reading a preview, subscribe to read more.
Start your free 30 days