The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Nike Inc. is scheduled to report its fiscal fourth-quarter earnings on June 30, with analysts forecasting 12 cents per share on $10.85 billion in revenue. Despite North American sell-through growth across all channels in February, management expects a 20% revenue decline in Greater China for the current quarter. Additionally, the CEO noted that the company's strategic turnaround is currently facing delays.