What to Watch When Nike Reports Earnings
Nike's (NYSE: NKE) stock is up 17% over the last three months, as investors become more optimistic about Nike's growth strategy and less concerned about competitors' market share gains earlier in the year.
When Nike reports its fiscal second-quarter earnings on Thursday, Dec. 21, investors will be looking for more progress on strategic fronts, such as Nike's direct-to-consumer business, and the performance of new footwear products, in addition to management's outlook for the year ahead.
Here are the key numbers to watch when Nike reports.
Source: Fool.com
Nike Inc. B Stock
€85.62
-0.430%
The stock is one of the favorites of our community with 47 Buy predictions and 3 Sell predictions.
With a target price of 115 € there is a positive potential of 34.31% for Nike Inc. B compared to the current price of 85.62 €.
