US Stock Market Move | NIKE, Inc. Class B (NKE.US) drops over 5% as Q1 revenue misses expectations.
NIKE, Inc. Class B (NKE.US) shares hit a one-year low of $31.97.
On Friday, NIKE, Inc. Class B (NKE.US) shares declined, hitting a one-year low of $31.97. As of press time, the stock was down over 5%, trading at $33.255. On the news front, NIKE, Inc. Class B reported first-quarter fiscal 2026 revenue of $11.21 billion, missing the market expectation of $11.33 billion. Meanwhile, earnings per share came in at $0.48, down from $0.49 in the same period last year. The company's gross margin was 42.8%, an improvement from 42.2% in the prior-year period, but overall performance still fell short of investor expectations.
Related Articles
JXR (01951) has returned over 400 million to shareholders in the past 12 months, with multiple measures accelerating the implementation of shareholder returns.
$52 billion financing narrowly crosses the finish line, Paramount's acquisition of Warner enters the countdown! The Ellison film and television empire is about to face a cash flow test.
HK Bull/Bear Outstanding Qty Ratio(62:38) | October 3
JXR (01951) has returned over 400 million to shareholders in the past 12 months, with multiple measures accelerating the implementation of shareholder returns.
$52 billion financing narrowly crosses the finish line, Paramount's acquisition of Warner enters the countdown! The Ellison film and television empire is about to face a cash flow test.
HK Bull/Bear Outstanding Qty Ratio(62:38) | October 3
