Nike Inc (NKE) reported better-than-expected financial results for the first quarter of fiscal 2026. The company's earnings per share (EPS) stood at $0.49, surpassing Wall Street's consensus estimate of $0.28 by $0.21. Revenue also exceeded expectations, reaching $11.7 billion compared to the anticipated $11.1 billion.
This update provides insight into Nike's operational performance and financial health, suggesting stronger-than-anticipated business fundamentals. The company will host an earnings conference call after the market closes to discuss these results further and provide additional context on its performance.
Headquartered in Beaverton, Oregon, Nike Inc engages in the design, development, marketing, and sale of athletic footwear, apparel, accessories, and equipment. The firm operates across several segments, including North America, Europe, Middle East & Africa (EMEA), Greater China, and Asia Pacific & Latin America (APLA). With a market capitalization of $90.7 billion and a price-to-earnings ratio of 31.33, Nike remains a significant player in the textiles and apparel industry.
Looking ahead, investors can expect upcoming earnings reports on June 23, 2026, with an estimated EPS of $0.3539 and revenue of $11.6 billion, followed by another on March 17, 2026, with an estimated EPS of $0.4631 and the same revenue expectation.
Investors should review the full earnings release and listen to management commentary for complete context on the quarter's performance and future outlook.