Nike Investors Focused on China, CEO Ahead of Earnings
Nike investors are focused on the company's performance in China, the Converse brand, and core running products ahead of upcoming earnings. CEO Elliott Hill is entering his third year of leadership.
Nike investors will be looking for ongoing progress in core areas such as running as well as signs of improvement in China and at the Converse brand when the sportswear company reports earnings. CEO Elliott Hill is about to start his third year with the company and investors are ready to see progress. Poonam Goyal of Bloomberg Intelligence has a preview of what to look for. (Source: Bloomberg)
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