Nike Executive Said Expect Q1 Revenue Growth To Be Flat To Up Low Single Digits - Conf Call
Portfolio Pulse from Charles Gross
During a conference call, a Nike executive stated that the company expects Q1 revenue growth to be flat or increase by low single digits.
June 29, 2023 | 9:46 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Nike's Q1 revenue growth is expected to be flat or increase by low single digits, according to a company executive.
The statement from the Nike executive indicates a cautious outlook for the company's Q1 revenue growth. This could potentially impact investor sentiment and the company's stock price. However, the impact is likely to be neutral in the short term as the forecast is not significantly negative or positive.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100