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Earnings Outlook: What to watch for in Nike earnings

Nike Inc. is scheduled to report fiscal first-quarter results on Tuesday after the market closes.

Analysts are expressing concern as competition heats up from, brands like Under Armour Inc. UA, -1.13% and Adidas AG ADS, +0.16% but many believe Nike’s dominant position in the athletic gear arena hasn’t changed.

See also: Nike downgraded as competitive pressure mounts in Europe

Nike shares NKE, -0.47% have an average overweight rating with a target price of $65.05, more than 17% higher than Thursday’s close of $55.41. The stock was down 0.2% in afternoon trading Friday.

Here’s what to expect:

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