Nike Inc (NYSE:NKE) reported financial results for the first quarter of fiscal 2026 after the market close on Thursday. Here’s a look at the key details from the report.
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Q1 Highlights: Nike reported first-quarter revenue of $11.72 billion, beating analyst estimates of $11 billion, according to Benzinga Pro. The athletic footwear and apparel company reported first-quarter earnings of 49 cents per share, beating analyst estimates of 27 cents per share.
Total revenue was up 1% year-over-year in the first quarter. Nike Brand revenues totaled $11.4 billion, up 2% year-over-year, Nike Direct revenues were …