Ahead of Nike’s Q3 Report, Wall Street Is Pondering These 4 Big Concerns

As Nike Inc. continues to reset its business, several hiccups could be on the horizon. The company reports third quarter earnings results next Tuesday. And investors are pondering four potential concerns: a slowdown in Europe, an unhealthy wholesale business in the U.S., continued sluggishness in China and the fate of Converse, which could be on the chopping block. More from WWD Taken together, those challenges suggest that Wall Street could have a “bearish” outlook for the brand. Guggenheim Securities ...