Reported 3 days ago
Nike reported modest revenue growth of 1% for Q1 2026, but earnings fell significantly by 31%, indicating serious challenges with margins and the decline of its Direct sales channel. Despite strong shareholder returns, concerns about continued profitability and a weak performance in China raise questions about the company's ability to sustain growth. Investors are advised to be cautious as Nike navigates these pressures in the upcoming quarters.
Source: YAHOO