Thursday, Nike Inc. (NKE) reported second-quarter net income of $375.4 million or $0.76 per share, down from $391.0 million or $0.80 per share in the same quarter last year.
On average, 16 analysts polled by Thomson Reuters expected the company to earn $0.71 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues for the quarter decreased 4% to $4.4 billion from from $4.6 billion in the comparable quarter last year. The company noted that the changes in currency exchange rates had a minimal impact on reported revenue results. Analysts expected the company to report revenue of $4.40 billion for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.