
What to Expect as Nike Earnings Approach

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Nike Inc is set to report its fiscal second-quarter earnings on Dec. 18, with analysts expecting a decline in profits and revenue. The company's turnaround efforts are under scrutiny, and a weak holiday sales warning may affect investor sentiment. Nike stock has shown volatility post-earnings, with a history of swings and recent support at $60. The stock is down 10.2% year-to-date.

