Nike Beats Q4 Estimates But Shares Slide on Cautious Outlook and China Weakness
Nike beat earnings and revenue but outlook was weak; stock fell as China and direct sales declined despite tariff boost.
Nike beat earnings and revenue but outlook was weak; stock fell as China and direct sales declined despite tariff boost.
Latest downgrade highlights execution risks and questions the pace of Nike’s multi-year turnaround.
On posts record Q1 2026 sales (CHF 831.9M), strong profit growth, Asia surge, and raises outlook despite tariffs.
Lululemon hires ex-Nike exec Heidi O’Neill as CEO to revive US sales after decline, rising competition, and slowing growth.
Tim Cook and Elliott Hill bought Nike shares, showing confidence despite falling sales and stock.
Nike innovation chief leaves after less than a year amid falling sales, China struggles, and faster rivals; company reshuffles leadership.