After market close Thursday, Nike is expected to report that sales grew 1% for the full yearits worst results in more than two decades excluding the first year of the pandemic and the 2008-09 financial crisis.
Ahead of Nike’s results, The Wall Street Journal has taken a detailed look at how the company lost ground in the critical running categorydig in here. And here’s a rundown of some other key financial data points, based on consensus estimates compiled by FactSet:
— For the most recent financial year, Nike is expected to report net income jumped 8.6% to $5.51 billion.
— That translates into a 14% bounce in adjusted earnings per share, which are seen hitting $3.70.
— For the most recent quarter, analysts expect about $1.29 billion of profit, on revenue of $12.86 billion.