China Isn't Nike's Only Concern as Europe Remains ‘Highly Promotional' [Yahoo! Finance]
Nike, Inc. (NKE)
Last nike, inc. earnings: 3/24 04:15 pm
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Source: Yahoo! Finance
In the third quarter of fiscal 2026, Nike saw revenues drop 7 percent in its EMEA (Europe, Middle East and Africa) region mostly due to softness in its sportswear offering and a highly promotional retail environment. More from WWD Analysts See RH Estates Launch A Catalyst After Weaker-than-expected Results Can Fashion Quit 'Social Washing'? Nike CEO Says Its Turnaround 'Is Not Finished' as Company Sees China Bumps in Q3 Matthew Friend, executive vice president and chief financial officer at Nike Inc, told analysts on the company's earnings call on Tuesday that EMEA presented “both progress and challenges” in the quarter. “Our performance business continued to build momentum, led by double-digit growth in running,” Friend said when referring to EMEA business. “Sportswear was down double digits and sell-through has not tracked with sell-in expectations. Promotions across the marketplace were up versus the prior year as partners manage inventory. We were also more aggressive
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NKE
News
- NIKE (NKE) had its price target lowered by Evercore Inc from $69.00 to $57.00. They now have an "outperform" rating on the stock.MarketBeat
- NIKE (NKE) had its price target lowered by Robert W. Baird from $85.00 to $70.00. They now have an "outperform" rating on the stock.MarketBeat
- NIKE (NKE) had its price target lowered by Jefferies Financial Group Inc. from $110.00 to $90.00. They now have a "buy" rating on the stock.MarketBeat
- NIKE (NKE) had its price target lowered by Citigroup Inc. from $65.00 to $53.00. They now have a "neutral" rating on the stock.MarketBeat
- NIKE (NKE) had its price target lowered by Stifel Nicolaus from $65.00 to $56.00. They now have a "hold" rating on the stock.MarketBeat
NKE
Earnings
- 3/31/26 - Beat
NKE
Sec Filings
- 3/31/26 - Form 8-K
- 3/27/26 - Form SCHEDULE
- 3/9/26 - Form 8-K
- NKE's page on the SEC website