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Nike analyst cuts EPS estimates by $0.20 for fiscal 2027 and 2028

Verifying
  • Stifel analyst Peter McGoldrick cut Nike’s EPS estimates for fiscal 2027 and 2028.
  • $0.20 was removed from each fiscal-year EPS estimate because of increased U.S. promotions.
  • Nike’s stock has declined 44% this year and 51% over the past year.
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