Nike stepped in something, and it stinks. After decades of stellar sales and stock performance, the company has slipped into decline, and shares, which peaked above $175 just over three years ago, have collapsed to $77.

Two months into his tenure as Nike CEO, Elliott Hill gets his first shot on Thursday to convince investors he can rescue the flailing sportswear company after a year stained by layoffs and cratering sales.

Nike Inc. Chief Executive Officer Elliott Hill is about to face his first earnings call since accepting the top job in September, and Wall Street has plenty of questions.

When Nike (NYSE:NKE) reports second quarter results on Thursday, investors will focus more on management’s strategies and visions to reignite growth for the sportswear giant. Wall Street expects the athletic apparel firm to post EPS of $0.