SMPL - Earnings week ahead: Nike Micron and more
As the second quarter comes to a close, footwear and sports apparel giant Nike (NKE) leads next week’s slate of earnings releases. Semiconductor maker Micron Technology (MU) also makes the list of bellwether companies announcing their results, along with a pair of household names in the consumer staples sector, General Mills (GIS) and McCormick & Co. (MKC). Below is a curated list of companies due to update investors on their financial figures during the week: Monday, June 27 Nike (NKE) Nike (NKE) will provide its earnings report after the close on Monday. In its last quarterly update, released in March, NKE gave Wall Street a pleasant surprise, overcoming supply chain issues and inflationary pressures to beat expectations and expand margins. However, since that release, shares of the shoe maker have dropped more than 20%, amid general market fears of a recession. Meanwhile, analysts have recently focused on NKE’s performance in
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Earnings week ahead: Nike, Micron, and more