Nike's Q2 Earnings: I Expect The Margin Hit Will Be More Than 150bps

Earnings season is winding down while the holiday shopping season is reaching its peak. At the crossroads between these two seasons, we find Nike (NYSE: NKE ), a stock we all remember as one of the pandemic winners now trading atI focus on long term growth and dividend growth investing. I follow both the US and the European stock markets, looking for undervalued stock and/or for high quality dividend growing companies that provide me with cash to reinvest. Over time, I have come to realize that profitabilit ...