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Nike set to report fourth-quarter earnings on Monday

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Nike is the latest retailer set to release its latest earnings results on Monday.

Video transcript

RACHELLE AKUFFO: Well, we're gearing up for a busy week on the earnings and economic calendar. And on Monday, Nike is kicking things off. But the company is reporting after the closing bell, and some analysts are keeping an eye on demand changes from consumers. And one analyst at Seaport warning that people are shifting away from athletic wear, which would be bad news for Nike. Now that analyst also concerned that Nike's shift to direct-to-consumer could also weigh on results. Nike's shares are down 36% so far this year.

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