Will Q4 Results Move Nike's Stock Up?
1. Nike's Q4 earnings forecast shows a significant earnings decline. 2. Expected revenue of $10.71 billion indicates a 15% drop. 3. Historically, NKE stock decreases 65% of the time after earnings. 4. Gross margins projected to compress by 4-5 percentage points. 5. Full-year revenue expected to decline by 11% in fiscal 2025.