Nike’s sales have been hurt this year by a stronger dollar, which has dented its overseas sales. There are concerns about the impact of that strength in the current quarter with the dollar gaining against a range of currencies from the euro to the Japanese yen.

Analysts said geopolitical tensions between the U.S. and Russia are another wild card that could hurt nike air max 1 business.

On the spending front, investors will be watching to see if there’s any moderation in the growth rate sinc...