NYSE:NKELuxury
The Bull Case For Nike (NKE) Could Change Following Soft Q3 Earnings And China-Led Outlook Cut
Nike, Inc. has reported its fiscal third-quarter 2026 results, with revenue holding roughly flat at US$11.28 billion while net income fell to US$520 million and earnings per share dropped to US$0.35 from US$0.54 a year earlier.
Management’s outlook pointed to a revenue slip next quarter, driven by a sharp sales decline in China and a longer-than-expected turnaround timeline, even as North America and select product initiatives showed areas of progress.
With China weakness now explicitly...