Nike's turnaround is delayed but not derailed. We think it's worth the wait [MSNBC.com]
Nike, Inc. (NKE)
Last nike, inc. earnings: 3/24 04:15 pm
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Source: MSNBC.com
Nike stock sank Thursday evening, even after the sportswear maker delivered better-than-expected quarterly results. While management said it is in the middle innings of its turnaround, severe issues in China and a weak outlook discouraged investors. Total revenue in the company's fiscal 2026 second quarter increased 1% year over year to $12.4 billion, topping Wall Street expectations of about $12.2 billion, according to analyst estimates compiled by LSEG. per share fell 33% from the year-ago period to 53 cents, beating the consensus of 38 cents, LSEG data showed. NKE YTD mountain Nike YTD Shares of Nike dropped nearly 11% in after-hours trading to below $60 each, marking their lowest level since June. We, however, are keeping faith. Bottom line Turnarounds are challenging, and Nike's numbers Thursday evening showed how uneven progress can be when juggling multiple brands across different geographies. When Elliott Hill came out of retirement and took over as CEO 14 months ago, he made
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NKE
Earnings
- 12/18/25 - Beat
NKE
Sec Filings
- 12/18/25 - Form 8-K
- 12/16/25 - Form 4
- 12/16/25 - Form 3
- NKE's page on the SEC website