NIKE, Inc. (NYSE: NKE) on Thursday reported a pointy fall in earnings for the fourth quarter of 2025, damage by a slowdown in gross sales throughout main markets and working segments. Nonetheless, earnings beat estimates.
The sneaker large reported a internet earnings of $211 million or $0.14 per share for the fourth quarter, in comparison with $1.50 billion or $0.99 per share within the year-ago quarter. At $4.47 billion, This fall gross revenue was down 21% year-over-year.
The weak bottom-line efficiency displays a 12% lower in fourth-quarter gross sales to $11.1 billion. Wholesale revenues have been $6.4 billion, down 9% YoY on a reported and currency-neutral foundation.
Nike’s CEO Elliott Hill stated, “Whereas our monetary outcomes are in step with our expectations, they aren’t the place we would like them to be. Shifting ahead, we count on our enterprise to enhance on account of the progress we’re making by way of our Win Now actions.”