Nike Inc. Has a Lot to Prove on Sept. 26
Investors who were banking on a quick rebound for Nike (NYSE: NKE) stock this year following 2016's dismal performance have been disappointed so far. The sports apparel titan is trailing the market again as Wall Street worries over the negative effects of e-commerce on the retailing business.
Nike might reduce -- or add to -- those fears when it kicks off its new fiscal year with an earnings report on Sept. 26. Let's look at what investors will be focused on in next week's results.
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Source: Fool.com