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Nike Inc. reported its fiscal Q3 2026 earnings, surpassing analyst expectations with earnings per share of $0.35. The company's revenue reached $11.3 billion, slightly above the anticipated $11.23 billion, despite facing challenges from tariffs and inventory management.
Nike Inc. has reported its fiscal Q3 2026 earnings, exceeding analyst expectations. The company's revenue reached $11.3 billion, with earnings per share of $0.35. Despite a challenging quarter, Nike's stock price increased by 3.08% in aftermarket trading. The company's gross margins declined due to higher tariffs in North America. Nike's inventory levels showed improvement, decreasing by 1% year-over-year. The company forecasts an EPS of $0.19 for Q4 2026 and anticipates gradual revenue growth.
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