NIKE(US:NKE) Zhi Tong Cai Jing·2025-12-19 14:23Core Viewpoint - Nike's stock dropped over 10% in pre-market trading following the release of its Q2 fiscal year 2026 earnings report, which showed mixed results despite revenue exceeding market expectations [1] Group 1: Financial Performance - For the second quarter ending November 30, 2025, Nike reported revenue of $12.4 billion, a year-over-year increase of 1% on a reported basis, and flat when excluding currency effects, surpassing market expectations [1] - Net income fell to $800 million, a 32% decline compared to the previous year, with earnings per share at $0.53, down from $0.78 year-over-year [1] Group 2: Market Performance - North America showed strong performance with a 9% year-over-year revenue increase, driven by a 24% surge in wholesale business, which was a key contributor to overall performance [1] - The Greater China region faced recovery challenges, with revenue declining 17% year-over-year, including a 36% drop in digital business and a 15% decrease in wholesale business, leading to a 49% decline in EBIT [1]