Negative
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Proactive Investors
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about 2 months ago
Nike Inc. (NYSE:NKE, XETRA:NKE) faces weaker earnings expectations as UBS cut its price target by 13% to $42, citing deteriorating global sales trends ahead of its first-quarter report. UBS expects first-quarter earnings for financial year 2027 to miss consensus by $0.05 per share, with implied second-quarter guidance of $0.31 to $0.43 against consensus of $0.53.