Nike (NKE): Nike headlines a slow week of earnings with its fiscal second quarter report tomorrow after the market closes. The rise of Lululemon (LULU) and Under Armour (UA) have put considerable pressure on Nike’s results lately. As a result, revenue figures missed analyst’s estimates in 3 of the past 4 quarters. More importantly future orders and margin growth continue to come in weaker. Due to frequent discounting, key financial metrics will remain challenged moving forward. In the past Nike brand power could sell $150 shoes with no problem, but today’s consumer environment favors value channels. Analysts at Estimize believe many of these factors will contribute to slower earnings and revenue growth. A particularly bad report will add to the stock’s 20% losses in the past 12 months.

Fedex (FDX): FedEx currently reports thee core financial segments; Express, Ground and Freight. At the moment, Express has been the standout performer accounting for 40% of the company’s operating income followed by Ground and Freight. FedEx Express is the fastest and most expensive mode of delivery which makes the biggest contributions to income and margins. Ground, on the other hand, is seeing the greatest upside thanks to rising demand for ecommerce purchases. For the first quarter, the ground segment reported revenue of 4.29 billion, 12% higher than a year earlier. FedEx also announced they would be raising prices by about 3.9% across all of its shipping segments. This will likely push margins higher for future quarters if it doesn’t adversely impact sales. Meanwhile, the integration of TNT Express will drive sales growth higher moving forward.