NIKE, Inc. (NYSE:NKE ) Q4 2025 Earnings Conference Call June 26, 2025 5:00 PM ET Company Participants Elliott J. Hill - CEO, President & Director Matthew Friend - Executive VP & CFO Paul Trussell - VP of Investor Relations & Strategic Finance and Treasurer Conference Call Participants Adrienne Eugenia Yih-Tennant - Barclays Bank PLC, Research Division Alexandra Ann Straton - Morgan Stanley, Research Division Brian William Nagel - Oppenheimer & Co. Inc., Research Division Brooke Siler Roach - Goldman Sachs Group, Inc., Research Division Jay Daniel Sole - UBS Investment Bank, Research Division Jonathan Robert Komp - Robert W.
Nike plans to raise prices to offset $1 billion in additional tariff costs in fiscal year 2026. The company aims to reduce reliance on China, which makes up 16% of its US footwear imports.
The sportswear giant said it would cut its reliance on production in China.
To whatever extent people were checking their calendars for trade-busting tariffs on the horizon, they're not doing so now.
The Trump administration's tariffs could cost Nike (NKE) $1 billion if left at current levels, according to the sportswear giant's CFO.
Although the revenue and EPS for Nike (NKE) give a sense of how its business performed in the quarter ended May 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Nike (NKE) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $1.01 per share a year ago.
Nike's (NKE) fiscal fourth-quarter sales and profits declined year-over-year, but not as much as analysts expected, as the company works on its turnaround plan.
CNBC's Sara Eisen breaks down Nike's fiscal fourth-quarter earnings report.
Nike Inc (NYSE:NKE, ETR:NKE) reported a year-over-year decline in revenue and profits for fiscal Q4 as the athletic apparel brand continues to struggle with sluggish demand, inventory and product mix issues, and tariff and cost pressures. For the quarter, revenue was down 12% at $11.1 billion, including a 14% decrease in Nike Direct revenue to $4.4 billion and 9% drop in Wholesale revenue to $6.4 billion.
Nike Inc. on Thursday reported fourth-quarter results that weren't as bad as Wall Street expected, but the financials weren't doing much for the sneaker maker's stock in after-hours trade.
Nike is scheduled to report earnings after Thursday's close. The stock hit a record high of $179.10/share in 2021 and is currently trading near $62.