WS #11112
Nike reported FQ4 EPS of $0.72 (beat by $0.59) and revenue of $11.0B (beat by $150M), but shares fell after-hours as the beat was aided by a $0.52 tariff refund, revenue declined 1% Y/Y, and China revenue dropped 12%.
Nike Earnings Beat but Stock Falls
Nike reported FQ4 EPS of $0.72 (beat by $0.59) and revenue of $11.0B (beat by $150M), but shares fell after-hours as the beat was aided by a $0.52 tariff refund, revenue declined 1% Y/Y, and China revenue dropped 12%.