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Why Nike Beat Earnings But Dropped 9% (Rating Upgrade) [Seeking Alpha]

Nike, Inc.  (NKE) 
Last nike, inc. earnings: 3/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.nike.com/home/default.aspx
PDF Gross margin held better than expected at 40.2%, but this alone can't offset falling volumes, a $1B footwear gap vs. FY24, and ongoing pressure from tariffs and mix. [Read more]