Nike will report fiscal second-quarter earnings after the bell Thursday. Here's what Wall Street is expecting from the sneaker giant.
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Nike
is expected to report earnings after the bell Thursday as Wall Street eyes the company’s progress in reigniting its business.
The sneaker company is just over a year into CEO Elliott Hill’s turnaround strategy, focusing on regaining its growth and market share, clearing out old inventory and investing in wholesale relationships.
Here’s what analysts are expecting for Nike’s second fiscal quarter of 2026, according to consensus estimates from LSEG:
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Mike Khouw breaks down the trade in the shoe giant ahead of earnings next Thursday.
It's hard for the market to have faith in Nike when its guidance continues to fall short of expectations.
Nike issued Tuesday a weak sales forecast, sparking a sell-off of its shares.
