Nike in focus this week with FQ4 earnings due and World Cup in full swing

Channel checks from Sterne Agee on Nike (NKE -0.5%) show broad sale gains across the U.S. and Western Europe.

Footwear sales for the Jordan brand have been particularly strong.

Nike reports FQ4 results on June 26. The company's expenses tied to the World Cup buildup will be closely watched.

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