Nike reported second-quarter fiscal 2026 revenue of $10.97 billion, topping analyst estimates of $10.85 billion even as sales fell 1.1% year on year. GAAP earnings per share surged to $0.72, far above the $0.12 consensus, while operating margin jumped to 12% from 2.9% a year earlier. Constant currency revenue declined 4%, an improvement from the 9% drop in the same quarter last year. Shares rose 1.2% to $41.66 following the release.
Nike IncRevenue beat estimates and EPS surged to $0.72 from $0.12 consensus, with operating margin jumping to 12%.