Nike Inc (NYSE:NKE) is set to report Q2 earnings after market close Thursday, with expected revenue of $13.427 billion, slightly higher than the previous year's $13.315 billion. EPS is anticipated at 84 cents, down from 85 cents a year ago. Analysts have a positive outlook, with several raising their price targets and maintaining Outperform ratings, citing inventory improvements, innovation, and easing comparisons. Growth in China and margin expansion are key factors, while North American challenges and promotional activities are concerns. The report may also address holiday sales, inventory levels, international sales, and sports events' impact on growth.