Nike's stock fell after the release, and the company's executives need to make cautious statements about demand.

Nike's stock price fell after hours on Tuesday, despite the latest quarterly performance exceeding expectations, as its boost was offset by cautious comments from company executives. The departing Chief Financial Officer of the company, Matt Friend, stated that Nike's efforts to reduce inventory still face challenges, while Chief Executive Officer Elliott Hill pointed out that revenue growth is facing unfavorable factors. For the fourth quarter ending on May 31, the company's sales reached $11 billion. Due to expected tariff-related refunds, earnings per share also exceeded expectations, but the weak performance of the Converse brand continues. As of 4:55 PM on Tuesday, the stock fell 4% after hours. As of Tuesday's close, the stock has already fallen by 36% this year.