/Nike%2C%20Inc_%20By%20ThamKC.jpeg)
Headquartered in Beaverton, Oregon, NIKE, Inc. (NKE) is a global sportswear company comprising the Nike, Jordan and Converse brands. It designs, develops and markets athletic footwear, apparel, equipment and accessories, serving athletes and consumers worldwide through innovation and sport-focused products. The company has a market capitalization of approximately $53 billion.
NKE is set to report its Q1 earnings on Oct. 1 after the market closes. Ahead of the release, analysts expect the company to report diluted EPS of 44 cents, down 10.2% from 49 cents in the year-ago quarter. That said, NKE has exceeded Wall Street’s EPS estimates in each of the past four quarters, highlighting its consistent earnings performance.
