Nike Shares Are Down

  • 6 years ago
Nike reports third-quarter results after the closing bell Thursday. Wall Street expects earnings-per-share to decline, but revenue to rise. Shares are down 0.74% early Thursday. Wall Street expects earnings of $0.53 a share on revenue of $8.85 billion, Bloomberg data shows. That would mark an almost 22% year-over-year drop in earnings. The company's second-quarter results showed that, while it's expanding internationally, demand in North America weakened.

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