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Nike Shares Fall 2% After-Hours on 12% China Sales Decline Despite Q4 EPS Beat

2026-06-30 21:37:57

According to Fiscal.ai, Nike (NKE) reported earnings of $0.72 per share in Q4, beating expectations of $0.13 per share, but shares fell 2% after-hours as China sales declined 12% to $1.3 billion from $1.5 billion. Gross margin increased 8.9% during the quarter, driven largely by a nearly $986 million tariff refund. North America revenue rose 3% to $4.83 billion. NKE shares closed Tuesday at $40.75 per share, a new 10-year low.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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