Nike Earnings: 3 Things to Watch
Nike (NYSE: NKE) is set to announce its fiscal 2020 first-quarter earnings results on Tuesday. Investors have high expectations for the period, given that the company significantly outpaced management's targets in 2019 and forecast another year of record results.
Against that positive backdrop, Nike also faces a few challenges, including rising tariffs, potentially slower growth in China, and increased competition from rivals like lululemon athletica (NASDAQ: LULU). Shareholders will be watching Tuesday's report for signs that the retailer has what it takes to navigate these issues without sacrificing much in growth or profitability. Here are three things to look for:
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Source Fool.com
