Crushing expectations for its fiscal first quarter after market hours on Tuesday, Nike (NKE) stock spiked over +6% in today's trading session.
Athletic retailer Nike Inc (NYSE:NKE) posted a fiscal first-quarter earnings and revenue beat this morning.
Nike Inc (NYSE:NKE, ETR:NKE) shares jumped 3.5% in afterhours trading after the sportswear giant beat Wall Street expectations for its latest quarter. The S&P 500 company posted diluted earnings of $0.49 per share for the first quarter of its financial year, beating the consensus Street forecast of $0.27.
Nike delivered a stronger-than-expected Q1 2026, signaling early signs of recovery after several challenging quarters. NKE's revenue base is stabilizing, margins are showing resilience, and sequential profitability is improving, supporting the recovery narrative. The "Win Now" and "Sport Offensive" initiatives are refocusing the brand on athletes and sport-specific strategies, reversing prior missteps.
Nike surprised with a revenue and EPS beat, yet the quality of growth raises concerns as margins keep compressing and D2C weakens. Wholesale momentum and modest inventory relief show progress, but Converse and China remain drags. Valuation stays stretched at ~35x forward EPS, leaving little margin of safety despite short-term relief.
NIKE, Inc. (NYSE:NKE ) Q1 2026 Earnings Call September 30, 2025 5:00 PM EDT Company Participants Paul Trussell - VP & Treasurer Elliott Hill - CEO, President & Director Matthew Friend - Executive VP & CFO Conference Call Participants Michael Binetti - Evercore ISI Institutional Equities, Research Division Piral Dadhania - RBC Capital Markets, Research Division Matthew Boss - JPMorgan Chase & Co, Research Division Brooke Roach - Goldman Sachs Group, Inc., Research Division Lorraine Maikis - BofA Securities, Research Division John Kernan - TD Cowen, Research Division Presentation Operator Good afternoon, everyone. Welcome to NIKE, Inc.'s First Quarter Fiscal 2026 Conference Call.
Nike's Q1 revenue rose 1% to $11.7 billion, the company reported. The "Win Now" strategy focuses on sports, with running leading the charge for growth.
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While the top- and bottom-line numbers for Nike (NKE) give a sense of how the business performed in the quarter ended August 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Nike (NKE) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.7 per share a year ago.
NIKE NKE shares have experienced suboptimal price action over recent years, underperforming significantly on the back of quarterly results that have shown muted growth.
Nike (NYSE: NKE) is set to publish its fiscal first-quarter earnings (for the May fiscal year) on Tuesday, September 30, 2025, with analysts expecting earnings of 26 cents per share on $10.99 billion in revenue. This would signify a 63% year-over-year decrease in earnings and a 5% decline in sales in comparison to the previous year's figures of $0.70 per share and $11.61 billion in revenue.