Nike (NKE -0.4%) EPS breakdown: The company has a $58M tax break in front of it if it decides to...

|About: Nike Inc. (NKE)|By:, SA News Editor

Nike (NKE -0.4%) EPS breakdown: The company has a $58M tax break in front of it if it decides to keep its operations in Memphis in place, but hasn't made a final decision on the issue that could save it somewhere in the neighborhood of $0.12 a share. In that vein, Hedgeye Retail crunches the numbers on the impact from the company's decision to drop Lance Armstrong to estimate a $0.02 per share benefit.