Nike Earnings Preview: Traders Anticipate 7% Swing Amid Tariff Headwinds
Nike Inc. faces a pivotal moment as options markets price in a 7% post-earnings move for its shares, reflecting heightened volatility around the athleticwear giant’s fiscal Q2 results. The stock could swing between $62 and $72—a range that WOULD either extend its 11% year-to-date decline or mark a two-month high.
CEO Elliott Hill’s turnaround strategy confronts persistent tariff pressures, with September’s earnings call highlighting dampened profits despite revenue beats. The company’s guidance will be scrutinized for evidence of demand resilience or margin erosion from trade policy impacts.