Apr 6, 2026

According to a report from Yahoo Finance, Nike‘s stock price experienced a significant drop after the company released its most recent quarterly results. The apparel company’s shares fell more than 15.5% in trading following the earnings release, reaching new multi-year lows.

Results and Guidance Prompt Investor Reaction

Nike’s results for its third fiscal quarter of 2026 technically exceeded expectations. Revenue was reported at $11.3 billion and earnings were $0.35 per share. Analysts had anticipated revenue of $11.2 billion and earnings of $0.29 per share. However, revenue showed no growth compared to the same period the prior year, and earnings declined by 35%.

The company also…