Nike Inc (NKE) reported better-than-expected financial results for the second quarter of fiscal 2026. The company achieved earnings per share (EPS) of $0.53, surpassing Wall Street's consensus estimate of $0.38 by $0.15. Revenue for the quarter reached $12.4 billion, exceeding expectations of $12.3 billion.
The company, headquartered in Beaverton, Oregon, engages in the design, development, marketing, and sale of athletic footwear, apparel, accessories, and equipment. Nike operates across several segments, including North America and Greater China, and employs approximately 77,800 full-time staff. The firm also markets products under the Jordan Brand and Converse, focusing on both performance and lifestyle segments.
Nike will host its earnings conference call after market close to discuss these results and provide further insights into its business performance. This update provides insight into Nike's operational performance, reflecting stronger-than-anticipated fundamentals.
Investors may wish to review the full earnings release and listen to management commentary for complete context on the quarter's performance and future outlook. Upcoming earnings are scheduled for June 24, 2026, with an EPS estimate of $0.23 and revenue estimate of $11.5 billion.