3 Reasons to Watch Nike Stock Next Week

3 Reasons to Watch Nike Stock Next Week

Nike (NYSE: NKE) investors are about to get valuable clarity about the health of its business. Nike likely saw slowing demand in key markets like the U.S. in Q4, after all, as inflation pressured consumer spending. Investors are less enthusiastic about Nike's short-term growth potential, and most Wall Street pros are looking for sales to decline 1% to roughly $12.2 billion.