NIKE, Inc. (NYSE: NKE) reported revenues of $12.4 billion for the second quarter of 2026, which were up 1% on a reported basis and flat on a currency-neutral basis compared to the prior-year period.
Net income decreased 32% to $792 million, or $0.53 per share, compared to last year.
NIKE Brand revenues were $12.1 billion, up 1% on a reported and currency-neutral basis, while Wholesale revenues were $7.5 billion, up 8% on a reported and currency-neutral basis.
NIKE Direct revenues were $4.6 billion, down 8% on a reported basis and down 9% on a currency-neutral basis.
Revenues for Converse were $300 million, down 30% on a reported basis and down 31% on a currency-neutral basis.
In Q2, the company returned approx. $598 million to shareholders through dividends, up 7% from the prior year.
Most Popular
Key takeaways from Micron’s (MU) first-quarter 2026 results
Micron Technology Inc. (NASDAQ: MU) has reported blockbuster first-quarter results, comfortably beating estimates as strength in data center demand pushed key operating metrics to record levels. Management is now focused
Lennar (LEN) continues to battle a stubbornly difficult housing market
Shares of Lennar Corporation (NYSE: LEN) were down 2% on Thursday. The stock has dropped 17% over the past three months. The homebuilder saw its revenues and profits decline in
DRI Earnings: Darden Restaurants’ Q2 2026 sales and profit rise YoY
Darden Restaurants, Inc. (NYSE: DRI), a leading fine dining restaurant chain, on Thursday reported an increase in sales and adjusted earnings for the second quarter of fiscal 2026. Total sales