Can Nike’s New Leadership Spark a Turnaround?

All eyes are on Nike as it approaches a pivotal financial disclosure. The sportswear behemoth is scheduled to release its Q1 2026 earnings on September 30th, and market sentiment is deeply divided. The stock continues to face significant pressure, with many analysts forecasting a severe profit contraction. In response, CEO Elliott Hill is championing a radical strategic overhaul, leaving investors to wonder if the iconic brand can navigate its way out of this challenging period.

Current analyst projections paint a sobering picture for Nike?s immediate future. For the upcoming quarter, experts anticipate a staggering 60% plunge in earnings per share, which are expected to fall to just $0.28. Revenue is also projected to decline, with forecasts pointing to a drop of over 5% to $10.98 billion.

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