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Nike's latest weak quarter explained in 4 charts
Key takeaways
- Shares of the sneaker giant fell 2% in premarket trading on Wednesday, bringing its stock down about 40% on the year.
- As they say, the devil's in the details.
- Nike reported fiscal fourth quarter revenue of $11.0 billion, reflecting a 1% decline on a reported basis and a 4% drop on a currency-neutral basis.
Nike's latest weak quarter explained in 4 charts Brian Sozzi · Executive Editor Wed, July 1, 2026 at 7:04 PM GMT+7 2 min read NKE The only thing Nike (NKE) is "just doing" is serving up another post-earnings day stock slide because its results were far from a slam dunk.
Shares of the sneaker giant fell 2% in premarket trading on Wednesday, bringing its stock down about 40% on the year. Nike's stock hasn't been this low since 2014.
As they say, the devil's in the details.
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