Nike Third Quarter Earnings Preview

Filed under: After the Bell, Earnings Reports, Forecasts, Market Matters, Scandals, NIKE, Inc'B' (NKE), Recession

Athletic foot ware and accessories giant Nike Inc. (NKE) will be reporting its fiscal third quarter results tomorrow after the market closes.



Going into tomorrow's earnings report, analysts are expecting the company to report $0.88 per share, down 11.1% from the same period last year.



The economic downturn hit the company's sales, but last quarter it stated that it was starting to see a turnaround in sales and consumer sentiment. Wall Street will be looking for further signs that sales are starting to improve for company.

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Nike Third Quarter Earnings Preview originally appeared on BloggingStocks on Tue, 16 Mar 2010 18:30:00 EST. Please see our terms for use of feeds.

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