Nike Delivers Earnings, Revenue Beats Yet Stock Slides

Nike outpaced Wall Street projections provided by LSEG for its fiscal Q3, registering an EPS of $0.35 against $0.28 expected and revenue of $11.28 billion versus $11.24 billion anticipated. However, shares slid as the apparel brand also noted a potential fall in sales for the remainder of 2026 (via CNBC).