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tradingview.comOCT 21 min read$NKE

NIKE, Inc. 2026: Revenue $11.21B, EPS $0.48— 10-Q Summary

NIKE, Inc. reported Q2 2026 revenues of $11.21B, down 4.3% YoY, and EPS of $0.48, down 2% YoY. Net income was $712M, down 2.1% YoY. Revenue declines were driven by Greater China, EMEA, and Converse. NIKE Direct sales fell 8% while wholesale remained stable. Footwear revenues declined 6%, while apparel rose 2%. The company announced a multi-year 'Pace' program with $1B pre-tax charges and $2.5B targeted savings by 2031.

Original reporting
tradingview.com
Published Oct 2, 2026, 8:21 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 2, 2026, 8:28 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
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NIKE, Inc. 2026: Revenue $11.21B, EPS $0.48— 10-Q Summary — source image
Source · tradingview.com
Decision brief

The 30-second read

$NKEBearishMed
01

Why it matters

The earnings miss is likely to trigger a short‑term dip, but cost‑saving initiatives may provide upside over the longer term.

02

Market read

Nike's earnings miss is a primary market mover for the consumer discretionary sector.

03

What to watch

The multi‑year 'Pace' program targets $2.5B savings by 2031, which may mitigate longer‑term concerns.

Relevance 8/10Novelty 8/10Timing: after-hours release, impact expected pre-market next day

Background

Nike's Q3 2026 10‑Q shows a modest decline in revenue and earnings, with regional weakness offset by stable wholesale.

Company-level read

Ticker impact

$NKEBearishHigh confidence
Context

Nike reported Q3 2026 results with revenue down 4.3% YoY and EPS down to $0.48, indicating a material earnings miss.

Expected impact

downward pressure as investors price in lower revenue and EPS.

Evidence & confidence

Revenue decline in key regions and EPS contraction are fresh primary data; market typically reacts negatively to such misses for a large-cap like Nike.

Market effects

Sector

Footwear and apparel sector may see modest pullback as Nike's slowdown signals broader consumer softness.

Regional

Greater China and EMEA markets could face pressure due to Nike's regional weakness.

Global

Nike's size means its earnings miss can weigh on global consumer discretionary sentiment.

Counterpoint

What could challenge this read

If the market overreacts, Nike's strong brand and upcoming 'Pace' cost‑saving program could support a rebound.

Key entities

  • Company
    Nike, Inc.

    Global athletic apparel and footwear manufacturer.

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