Categories AlphaGraphs, Consumer, Earnings
Key highlights from NIKE’s (NKE) Q2 2026 earnings results
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.
Revenue and earnings beat expectations.
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. The increases were driven mainly by growth in North America.
NIKE Direct revenues were $4.6 billion, down 8% on a reported basis and down 9% on a currency-neutral basis, due to decreases in NIKE Brand Digital and NIKE-owned stores.
Revenues for Converse were $300 million, down 30% on a reported basis and down 31% on a currency-neutral basis, due to declines across all territories.
In Q2, the company returned approx. $598 million to shareholders through dividends, up 7% from the prior year.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
BLK Q4 Preview: BlackRock appears poised for another earnings beat
BlackRock, Inc. (NYSE: BLK), the largest asset management company, is expected to publish its fourth-quarter 2025 results next week. The update is expected to shed light on how the firm’s
A look at Best Buy’s (BBY) progress on its growth strategy
Shares of Best Buy Co., Inc. (NYSE: BBY) fell over 3% on Wednesday. The stock has dropped 17% over the past 12 months. The consumer electronics retailer delivered sales and
Citigroup set to report Q4 2025 earnings. Here’s what to expect
Citigroup Inc. (NYSE: C) has undergone a sweeping transformation in recent years, emerging as a more streamlined and profitable financial institution. The bank's performance in recent quarters has underscored the
