Nike's Earnings Report: Turnaround Progress & Challenges

Nikes earnings report looms as CEO Elliott Hills turnaround strategy faces scrutiny. Analysts predict earnings per share of thirty-eight cents and revenue around twelve point two two billion dollars. Despite positive signs in wholesale, running, and North America, challenges persist in China and direct-to-consumer sales. Tariffs and leadership changes add to Nikes hurdles, but the Kim Kardashian partnership has been a bright spot.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.