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Nike Earnings: New Innovations Might Not Be Enough for a Beat

Nike (NKE) is the big brand that could. After being the worst-performing stock in the Dow Jones Industrial Average in 2016, Nike's shares raced higher in 2017, as the company showed that it could adapt to a rapidly changing retail environment. B. Riley's Susan Anderson is still concerned about ongoing weakness in Nike's North American business, and is modeling for earnings of 52 cents a share, a penny below consensus, on sales growth of 1.4%, below the 1.9% guidance.