Nike (NKE) will report fiscal second-quarter results on Monday, with analysts looking for signs about whether the athletic giant can regain momentum it lost amid ongoing supply chain strains.
Analysts polled by Bloomberg predict Nike will report adjusted earnings per share (EPS) of $0.62 on revenue of $11.26 billion.
Like many athletic wear brands, Nike was hit hard by COVID-19 related factory closures in Vietnam throughout the summer, as well as supply chain delays that have snared the…
Source link