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Nike Posts Earnings That Surpass Expectations in Latest Quarter

Nike Posts Earnings That Surpass Expectations in Latest Quarter
Bloomberg Markets Tuesday 30 June 2026, 20:16 UTC By Lily Meier 1 min read
Key Points

Consumer Nike Posts Earnings That Surpass Expectations in Latest Quarter Nike Inc. reported better-than-expected results last quarter, a sign that Chief Executive Officer Elliott Hill’s turnaround efforts are gaining some traction. Sales were $11 billion in the company’s fiscal fourth quarter, surpassing the average of estimates compiled by Bloomberg. Earnings per share were 72 cents, far exceeding expectations, due to expected tariff-related refunds.

Consumer Nike Posts Earnings That Surpass Expectations in Latest Quarter Nike Inc. reported better-than-expected results last quarter, a sign that Chief Executive Officer Elliott Hill’s turnaround efforts are gaining some traction. Sales were $11 billion in the company’s fiscal fourth quarter, surpassing the average of estimates compiled by Bloomberg. Earnings per share were 72 cents, far exceeding expectations, due to expected tariff-related refunds. Weakness at the Converse brand persisted.
Nike Posts Earnings (ORG) Latest Quarter (EVENT) Latest Quarter Nike Inc. (ORG) Elliott Hill (PERSON) Bloomberg (ORG) Converse (ORG)
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