Call toll-free 800.328.1267

Insights AI

The market’s most important stocks, simplified

Nike reported fiscal third-quarter revenue of $11.3 billion and earnings per share (EPS) of $0.35, surpassing analyst expectations of $11.24 billion and $0.31 EPS. However, gross margins contracted by 130 basis points year-over-year to 40.2%, driven by tariff costs in North America. Regional sales performance was mixed, with North America growing 3% year-over-year, while China saw a 10% decline, better than the anticipated 16% drop. Europe, the Middle East, and Africa (EMEA) also faced sales challenges, prompting plans for aggressive markdowns. Total revenue growth remained flat, with Nike Brand revenues up 1% and Nike Direct revenues down 4%. Management forecasted a 2%-4% revenue decline for the fourth quarter and lowered fiscal 2026 EPS projections from $1.51 to $1.49, reflecting cautious sentiment amid inventory pressures and external challenges. Nike has taken steps to strengthen its business, including reducing inventories by 1% year-over-year to $7.5 billion and returning $609 million to shareholders. The company ended the quarter with $8.1 billion in cash and short-term investments. Despite these efforts, analysts have broadly lowered price targets, with the stock trading at $51.20, down 19.7% year-to-date and at its lowest level in nine years. While some analysts see signs of stabilization in China and North America, others suggest recovery may take longer due to persistent challenges. CEO Elliott Hill emphasized ongoing initiatives to build momentum, but the outlook remains cautious as the company navigates margin pressures and regional headwinds.
Source content provided by Benzinga.
This content was created in whole or in part using Generative Artificial Intelligence (AI). Please read the disclosures found at the end of this content for more information.

Ready to make your move?

You’ve seen the news. It’s time to set your strategy. The TradeStation ecosystem is designed to execute your trades no matter how unique or complex. Set your strategy in motion with the advanced tools and brokerage services built specifically for those who are born to trade

Recent news for NKE

News in this section is provided by Benzinga and is written entirely by Benzinga authors. Articles are presented as they were provided by Benzinga, and do not represent the opinions of TradeStation or its employees.

By clicking one of the links below, you are leaving TradeStation.com.

Cramer Highlights Nike, Amazon, Nvidia Stock To Investors: 'Why Would You Sell It?'

Jim Cramer shared thoughts on dozens of stocks for members of the CNBC Investing Club. Here's his opinion about 3 of the top picks.

What's Behind The Jump In Nike Stock?

Shares of Nike, Inc. (NASDAQ: NKE) are trading higher Wednesday after SEC filings revealed that Apple Inc (NASDAQ:AAPL) CEO Tim Cook and Nike CEO Elliott Hill purchased Nike stock.

Nike Shares Move Higher As Tim Cook, Elliott Hill Buy More Stock

Nike Inc (NYSE:NKE) shares are rising in after-hours on Tuesday amid continued insider buying. Here's what you need to know.

About NKE

Nike is the largest athletic footwear and apparel brand in the world. Footwear generates about two-thirds of its sales. Key performance footwear categories include basketball, running, and football (soccer). Its brands include Nike, Jordan (premium ... Read more

Ways to trade options* on NKE

Bearish Option Strategy: Long Puts

Traders buy a single put option on a stock or ETF. This strategy can benefit from a price drop while risking more capital than a spread.

Learn more

  • 1
  • 2
  • 3

Insights AI filters through the noise to uncover meaningful data that natural-born traders can use to find new trading opportunities. Our AI model distills complex market news and data into accessible, actionable intelligence. Stay informed of market moves with curated trading intelligence and platform tips delivered directly to you.

Market Insights, Insights AI, and all related pages and content are hosted by TradeStation Group, Inc.

The symbols selected include stocks that meet a specific set of criteria: the 50 most active stocks based on 21-day options volume. ETFs and meme stocks are not included.

This Content was created in whole or in part using Generative Artificial Intelligence (AI). While efforts have been made to ensure accuracy, the Content is generated autonomously by AI algorithms and it may contain errors or inaccuracies. Users are advised to critically evaluate the information presented.

This Content is for educational and informational purposes only. Any symbols or trading strategies discussed are for demonstration purposes only and are not research or recommendations.

TradeStation Group, Inc. (“TradeStation”) pays third parties for the data and other information included on this page (the “Content”). The Content is derived from news and other information feeds provided by Accretive Capital LLC d/b/a Benzinga (“Benzinga”) and market activity. Benzinga is not affiliated with TradeStation. TradeStation makes the Content available for informational purposes only. The Content should not be considered an offer or solicitation tobuy, sell, or hold any investment/security. The Content is believed to be from reliable sources; however, TradeStation does not verify all of the information included in the Content for accuracy or completeness. TradeStation does not endorse any third-party content, and any views or opinions expressed in the Content do not necessarily represent the views and opinions of TradeStation. Any goods or services offered by Benzinga are not sponsored, endorsed, sold, or promoted by TradeStation, and TradeStation makes no representation regarding any such goods or services.

TradeStation does not endorse or adopt the Content, and makes no guarantees that the Content is accurate, complete, or timely. TradeStation assumes no responsibility for the accuracy, completeness, updates, changes, or timeliness of the Content. TradeStation does not provide investment, tax or legal advice. Any recommendation, opinion or advice regarding securities or markets contained in the Content does not reflect the views of TradeStation. TradeStation assumes no responsibility for any fact, recommendation, opinion or advice contained in the Content and expressly disclaims any responsibility for any decisions based upon any such Content.

Any decisions you may make to buy, sell or hold a security or other investment based on the Content or other third-party information will be entirely your own and not in any way deemed to be endorsed, influenced by or attributed to TradeStation. It is understood that, without exception, any order based on the Content that is placed with TradeStation for execution should be considered by you to be an unrecommended and unsolicited order. TradeStation will treat all such orders as unsolicited.

*Options trading is not suitable for all investors. Your TradeStation Securities’ account application to trade options will be considered and approved or disapproved based on all relevant factors, including your trading experience. See www.TradeStation.com/DisclosureOptions. Visit www.TradeStation.com/Pricing for full detailson the costs and fees associated with options.