Nike IncQ4 earnings beat estimates with EPS up 42.9% and revenue above consensus

Nike shares have risen about 0.4% since the company reported fourth-quarter fiscal 2026 results that beat estimates. Earnings per share came in at 20 cents, up 42.9% year over year and above the Zacks Consensus Estimate of 11 cents, while revenues dipped 1% to $10.97 billion but surpassed the $10.85 billion consensus. North America revenues grew 3% to $4.83 billion, helping offset declines in Greater China and EMEA, and gross margin expanded to 49.2% largely due to a one-time tariff recovery benefit. Looking ahead, management expects first-quarter fiscal 2027 reported revenues to decline in the low to mid-single digits and noted a volatile operating environment. Analyst estimates have trended downward since the report, and the stock currently carries a Zacks Rank #4, or Sell.
Nike IncQ4 earnings beat estimates with EPS up 42.9% and revenue above consensus