Nike is expected to benefit as rival sneaker maker Adidas is facing supply chain issues this year.
div > div.group > p:first-child"> Here's what analysts are expecting, based on a poll by Refinitiv:
Looking for pockets of growth, Nike has said it plans to invest more in apparel and women's products in the future. For women, it's launching more items like yoga pants and sports bras in expanded sizes. Overall, most of Nike's sales growth continues to come from overseas, in markets like China, as North America remains saturated with competition from the likes of Adidas, Under Armour and Vans.
"We foresee continued share erosion [at Adidas] due to Nike's superior product platform," Jefferies analyst Randal Konik said.
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