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What to Look for When Nike Reports Q1 Earnings on Tuesday

Parkev Tatevosian, The Motley Fool
·3-min read
What to Look for When Nike Reports Q1 Earnings on Tuesday
What to Look for When Nike Reports Q1 Earnings on Tuesday

Nike (NYSE: NKE) was battered as a result of the COVID-19 outbreak. Meanwhile, many sports leagues suspended or paused their seasons, which removed a critical opportunity for consumers to see Nike's products in action worn by superstars like Lebron James. Now, with many places across the globe ending lockdowns, people are venturing out a little more often, and Nike is hoping for a bounceback to pre-pandemic levels of revenue.