NIKE + TIGER + EARNINGS = ?

Nike Inc. (NYSE: NKE) is on deck with earnings Thursday as well. At $63.86, the stock is close to a 52-week high as the range has been $38.24 to $66.35. Thomson Reuters has estimates of $0.71 EPS and $4.39 billion in revenues, and we may get to hear about what the company will do as far as backing Tiger Woods now that Woods is out of golf until he mends his personal life issues. With so much of Nike sales now outside the U.S., we’ll get to see what a weak dollar before the latest pile into the US Dollar did for the company. Don’t hold your breath on this happening, but maybe the company will change some slogans to “Just Did It!” or “Just Tap It!”…