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sneaker marketCNBC
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78% Informative
Analysts from LSEG are expecting earnings per share of 52 cents on revenue of $11.65 billion .
Analysts are expecting sales to drop 10% from the year-ago period and profits to plunge by nearly 45% .
In September , Nike announced that CEO Donahoe would be stepping down and replaced by longtime company veteran Elliott Hill .
The grim outlook comes amid a reset at Nike .
VR Score
89
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95
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55
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