Company Performance - Nike closed at $73.00, reflecting a -1.79% change from the previous day, underperforming the S&P 500 which had a loss of 0.05% [1] - Over the past month, Nike shares decreased by 2.7%, lagging behind the Consumer Discretionary sector's gain of 5.91% and the S&P 500's gain of 3.44% [1] Earnings Projections - Nike is expected to report earnings on September 30, 2025, with projections of $0.28 per share, indicating a year-over-year decline of 60% [2] - The consensus estimate for revenue is $10.98 billion, reflecting a 5.23% decrease from the same quarter last year [2] Full Year Estimates - For the full year, earnings are projected at $1.69 per share and revenue at $45.72 billion, showing declines of -21.76% and -1.26% respectively from the previous year [3] - Recent changes in analyst estimates indicate a dynamic nature of near-term business trends, with positive revisions suggesting analyst optimism [3] Valuation Metrics - Nike's current Forward P/E ratio is 44.11, which is a premium compared to the industry average of 19.03 [6] - The PEG ratio for Nike stands at 2.7, while the average PEG ratio for Shoes and Retail Apparel stocks is 1.06 [6] Industry Context - The Shoes and Retail Apparel industry is part of the Consumer Discretionary sector, holding a Zacks Industry Rank of 57, placing it in the top 24% of over 250 industries [7] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [7]