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Nike Rises Ahead of Report as Analysts Expect Shrinking Sales","url":"https://stock-news.laohu8.com/highlight/detail?id=2672976160","media":"Reuters","labels":["dataReport","express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2672976160?lang=en_us&edition=fundamental","pubTime":"2026-10-02 03:00","pubTimestamp":1790881246,"startTime":"0","endTime":"0","summary":"BUZZ-PREVIEW: Nike rises ahead of report as analysts expect shrinking sales** NikeNKE.Nshares rise 2% ahead of quarterly results after the bell, with focus on shrinking sales as it struggles with competition from rivals** The sportswear heavyweight is expected to report a 3% fall in quarterly revenue to $11.32 bln and adjusted EPS of 43 cents vs 49 cents a year ago, per data compiled by LSEG** French soccer star Kylian Mbappe this monthendeda two-decade partnership with NKE to join Swiss sportswear brand On, handing the US co another high-profile defection** Stock has sunk ~43% YTD, underperforming a 12% rise in the S&P 500.SPX** Stock recently traded at 20x expected earnings, below its 10-year average of 29x, per 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