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.
Nike will report fiscal fourth-quarter earnings after the bell on Thursday. Analysts are expecting earnings per share of 13 cents on revenue of $10.7 billion, according to LSEG.
Once Continuing Claims reach 2 million per week, expect a change in the narrative -- including from the Fed -- on our steady and secure labor market.
Markets today face a packed session with GDP, jobless claims, Fed speakers, and Nike earnings in focus as indexes test key resistance levels.