All eyes turn to Nike on Tuesday, March 22, for the company’s third quarter earnings release. The athletic giant pulled in $7.7 billion in sales last quarter, just below Street expectations. While the brand is expected to put up big numbers again, some experts are watching for softness in sales in basketball and deceleration in some key global markets like China.
2. Sweet 16 Matchups Set
NCAA March Madness continues this week with the Sweet 16 match-up set to start on Thursday. By Saturday, March 26 the final eight teams will hit the court to determine the Final Four set to be played April 2.
3. Celebrate Sneakers On Air Max Day
Sneakerheads around the world will break out their favorite Air Max kicks on Saturday, March 26 to celebrate the iconic sneaker. Nike introduced the worldwide day in 2014 to correspond with the original release date of the first Air Max, March 26, 1987. Special releases are planned up, as well as Air Max Con celebrations in New York, Hong Kong and Tokyo.
4. Finish Line Reports Q4
After a few challenging quarters, Finish Line is set to report fourth quarter earnings on Thursday, March 24. The retailer has had a hard time hitting its stride with finding the right product and sales.