Nike is set to report its Q4 2026 earnings on June 30, with analysts expecting revenue of $10.85 billion, a 2% year-over-year decline, and earnings per share of $0.13, down 7%. Operating income is also forecasted to drop 21% to $253 million. The company has shown no revenue growth in the past 10 quarters, raising concerns about its growth prospects. Investors will closely watch the guidance for fiscal 2027, with potential positive impact from the upcoming soccer World Cup in Q1 2027.
Nike's stock fell 4% to $39.06, marking a 12-year low and continuing a five-year decline of nearly 80% from its 2021 peak. The drop was influenced by weak quarterly results from competitor On Holding and ongoing challenges in Nike's key Asian markets...
Nike's stock fell 4.3% to its lowest level since 2014, extending a decline that has erased over $200 billion in market value from its 2021 peak. Weak direct-to-consumer sales and a downgrade from UBS weighed on the shares. UBS highlighted falling sec...
Nike shares fell 3% to a new 52-week low of $39.42, down 51% from their peak, driven by ongoing challenges in China and skepticism over margin improvements. Greater China sales dropped 11%, with digital sales falling 29%, signaling deeper issues beyo...
