Nike topped Wall Street’s quarterly earnings and revenue expectations on Tuesday, as growth in its key North America market helped to offset a hit from tariffs and another sales decline in its China business.
Here’s how the company did for its fiscal third quarter, compared with estimates from analysts polled by LSEG:
- Earnings per share: 35 cents vs. 28 cents expected
- Revenue: $11.28 billion vs. $11.24 billion expected
The sneaker giant continues to work through a colossal turnaround under CEO Elliott Hill. About a year and a half into his tenure, Hill has made strides in repairing parts of the business, but has been clear that it’ll take time for the entire company to improve given the retailer’s scale and complexity.
Source: https://www.cnbc.com/2026/03/31/nike-nke-earnings-q3-2026.html
Nike earnings beat estimates despite tariff hit and uneven recovery in China, North America
byu/Puginator instocks
Posted by Puginator
12 Comments
At least it’s not just the companies that I own that go red after a good earnings
How this company still trades at 30 PE
I am kind of surprised it is dropping AH after that. I didn’t expect any kind of bounce just yet, but at least flat after that kind of beat and relatively decent forward forecast. Just seems like a weirdly negative market at the moment. I guess we are more likely to test that $45 resistance band that push through the $55…
The market usually spends more time repricing second-order effects than the headline itself. No position, but margins and guidance probably matter more here than the first reaction.
I’m buying
Omg it’s going down even further lol
Tim Cook is feeling the pain rn [Tim Cook buys $3M Nike](https://www.msn.com/en-us/money/topstocks/apple-ceo-tim-cook-buys-3-million-of-nike-stock/ar-AA1SVG1s)
I got fucked by this one.. its all good. Gotta walk away with my crocs and think about what I’ve done
I’m curious to see how sustainable their growth is, especially considering the tariff situation. I’m trying to make more ethical purchasing decisions these days and wondering if Nike is truly committed to improving their supply chain practices.
I don’t think anyone is surprised by this. Consumer apparel brands are basically all in a bear market. Even the fastest growers like onon is dumping into the ether. As long as tariffs remain, their margins will continue to be restricted.
The supreme Court ruling is a step in the right direction but market is waiting for the new temporary tariffs to pass through as well.
This Where Nice earnings and i for what is going on at the Moment
the earnings Call was ok
as well …
it seemthat China and north america costumers are growing Little by Little and Nike is now working more with theyre whole Sales costumers
Nike is learning from theyre mistakes and turning the Page
Im def buyng more when a new bottom is Found 🤷🤷
Who the fk wears nike anymore? Lmao