Nike reports quarterly results after the bell, with Wall Street expecting revenue of $11.33–11.35 billion and EPS of $0.44, both down from a year ago. The stock has lost roughly 44% this year and sits near a 52-week low, as investors await evidence that CEO Elliott Hill's turnaround is gaining traction.
Nike Earnings Preview: Hill's Turnaround Faces Key Test
Source: Investing.com