Nike stock drops as revenue falls short of estimates, China sales plunge again

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People pass by a Nike store in New York, Sept. 29, 2026.

KHemaz | GVN | Getty Images

Nike on Thursday posted fiscal first quarter earnings that topped Wall Street's expectations, even as sales fell short of estimates.

Here's what the company reported for the period compared to what analysts expected, according to consensus estimates from LSEG:

Earnings per share: 48 cents vs. 43 cents expectedRevenue: $11.21 billion vs. $11.32 billion expected

Revenue fell 4% to $11.21 billion.

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