Nike is set to report fiscal fourth-quarter results after the bell Tuesday as the shoe retailer struggles to regain sales growth and turn around its business under CEO Elliott Hill.

The company previously said it expected sales to fall for the rest of the calendar year, while projecting a decline of 2% to 4% in its fiscal fourth quarter. That expectation was well under Wall Street estimates of an increase of 1.9%.

Still, Nike said last week that its results will include an unexpected benefit from tariff refunds that was “not contemplated in the company’s previously provided guidance.”

Chief Financial Officer Matt Friend said on the earnings call for the fiscal third quarter that Nike expects sales to fall by a low single-digit percentage for the rest of the calendar year, led by growth in North America but offset by a big drop in China. The company’s gross profit margin also took a hit last quarter due to higher tariffs in North America.

In its fiscal third quarter, Nike reported steady growth in North America with a 3% sales increase, while its Greater China market saw revenue sink 7% to $1.62 billion for the quarter.

Here’s what analysts are expecting from Nike for its fiscal fourth quarter, according to a survey of analysts by LSEG:

• Earnings per share: 13 cents expected
• Revenue: $10.86 billion expected

For the full fiscal year, analysts are expecting revenue of $46.27 billion and earnings per share of $1.51. They’re also projecting revenue of $46.47 billion for the next fiscal year ending in May 2027.

The earnings come as Hill has been trying to reposition Nike for growth amid slumping sales. The company previously warned its turnaround would not be linear as certain parts of the business improve at different rates.

Hill previously said that the parts of the business that Nike initially focused on turning around are beginning to see “momentum.”

The turnaround effort is also placed against a backdrop of macroeconomic uncertainty, with tariffs, the war in the Middle East, soaring gas prices and more. Friend said on the third-quarter earnings call with analysts that Nike could face unexpected impacts from the broader backdrop, including volatility from rising oil prices and lowered consumer confidence.

“We are focused on what we can control,” Friend said at the time.

In April, Nike instituted a sweeping round of layoffs, cutting 1,400 roles across the organization in its second workforce reduction of the year.

Last week, the company announced a planned CFO transition, with former Pfizer executive David Denton taking over for Friend effective Aug. 17.

Still, Nike has seen a boom from the World Cup, hosted across North America this summer. While it’s not an official sponsor, the company saw its advertisements massively outpace sneaker rival Adidas and gain significant traction across social media.

Nike will host a conference call with analysts at 5 p.m. ET.