Nike's Mixed Q1: Flat Sales, Rising Earnings
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Nikes Q1 2026 results: Flat revenue, beaten earnings, slipping margins. Nike Running surges, wholesale deals boost North America. CEO calls results unsatisfactory, blaming tariffs, promotions, and restructuring costs. Margins expected to turn positive in Q2. Win Now plan focuses on North America, Sportswear, and Greater China, with risks including geopolitics and soft demand. Inventory cleanup and wholesale wins could turn the tide.
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