Nike Inc. (NYSE:NKE) will on Tuesday announce its earnings results for the fiscal 2020 first-quarter. There are high expectations from NKE stock investors considering the company performed exceptionally in 2019, outpacing management forecasts.
Despite this positive performance, the company faces challenges such as the slowing of growth in China, rising tariffs, as well as competition from the likes of Lululemon AthleticaInc. (NASDAQ:LULU). Investors will be keen on whether Nike has the potential to overcome the challenges without sacrificing profitability and growth. Here is what investors will be watching:
Growth in RevenuesIn fiscal 2019, ...
Read The Full Article On StreetSignals.com
Get the latest stock market news on StreetSignals. Follow public companies and get free stock research reports and stock market analysis data and stock tips.
All content provided by StreetSignals is subject to our Terms Of Use and Disclaimer.