On February 22, 2021, the Nike store in New York City features the Nike logo.Nike stock has been in a slump for some time, but Thursday's earnings report will offer an opportunity for investors to get back in.This year's apparel stock fell nearly 6% due to a China controversy that seemed to have taken a lot out of the demand. The S&P 500 has risen more than 13%.After the bell, Nike will report its fiscal fourth quarter results on Thursday. Here's what Wall Street expects from the event, and how the stock typically reacts to it.