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Nike has taken a beating, but its latest slump could look very different.
TradingKey - Nike (NKE) will report its first-quarter fiscal 2027 financial results after the U.S. market close on October 1. The market expects the company's revenue to be approximately $11.32 billion, down 3% year-over-year, with earnings per share projected at $0.44, down from $0.49 in the same period last year.
Nike stock hit a 10-year low after BofA's Sell downgrade and $30 target, as China sales fall and adidas gains ground on Elliott Hill's turnaround.