Nike Reports Earnings Beat but Issues Cautious Outlook
Nike (NKE) reported better-than-expected Q3 earnings and revenue, with $11 billion in sales versus a forecast of $10.85 billion and EPS at $0.20 against an estimate of $0.12. However, the company noted declining revenues for its most recent quarter and expects low-to-mid single-digit declines in fiscal Q4 2027.
Tickers: $NKE
Topics: earnings management_guidance revenue