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Core Insights - Nike's stock dropped nearly 10% following a significant decline in profits, attributed to an anticipated $1.5 billion impact from tariffs and a slowdown in the Chinese market [1][4][5] Financial Performance - In Q2 of fiscal year 2026, Nike's revenue increased by only 1% to $12.4 billion, while net income fell by 32% to $792 million, resulting in diluted earnings per share decreasing from $0.78 to $0.53 [2][4] - Gross margin decreased by 300 basis points to 40.6%, primarily due to higher tariffs and excess inventory in China [5] Regional Performance - North America showed resilience with a 9% revenue increase to $5.6 billion, driven by a 24% rise in wholesale, despite a 16% decline in Nike Digital [6][8] - In contrast, revenue in China plummeted by 17% to $1.4 billion, with EBIT dropping by 49%, and direct sales falling by 18%, including a 36% decline in Nike Digital [9][11] Strategic Initiatives - The company is focusing on margin expansion as a top priority, with plans to cut classic footwear franchises by over $4 billion by the end of the fiscal year, which is expected to create a $550 million headwind in revenue for the quarter [5][10]

Nike Inc. (NYSE:NKE) struck a cautious tone during its earnings conference call, pushing stock lower in premarket trading Friday as investors weighed a solid second-quarter performance against a softer near-term outlook and rising margin pressures.Nike reported second-quarter revenue of $12.43 billion, topping estimates, while earnings per share came in at 53 cents, well above the 38-cent consensus. Nike Brand revenue edged up 1% to $12.1 billion.Strength in wholesale helped offset ongoing channel shifts, w ...

Nike Inc. (NYSE:NKE) reported better-than-expected earnings and sales results for the second quarter, but posted a decline in gross margins for the second straight quarter.Nike posted second-quarter revenue of $12.43 billion, beating analyst estimates of $12.22 billion, according to Benzinga Pro. The company reported second-quarter earnings of 53 cents per share, beating analyst estimates of 38 cents per share."Nike is in the middle innings of our comeback. We are making progress in the areas we prioritized ...

Let's bring in Kevin Green, senior market correspondent to help set up the action today. All right, KG. Looks like it's going to be a pushpull kind of day.What's your take. >> Yeah, I would agree with you. I mean, obviously yesterday we actually did see a pretty nice little rally in the S&P 500.A little bit of a weak close, but obviously we were still in the in the green here and we actually did see outperformance from three sectors that we would like to see kind of command this market. Consumer discretiona ...

以下文章来源于36氪未来消费 ，作者贺哲馨 36氪未来消费 . 如果你在互联网上提到Patagonia，争论几乎必然出现。 在一些人眼中，它是硅谷精英的"道德制服"，环保成了体面的身份标识；在另一些人看来，它又是商业世界里的异类：一家坚持把营收的1%捐给环保事 业，最终把公司"捐给地球"的企业。 这两种评价彼此否定。或许更接近真相的说法是：Patagonia并不完美，但在商业史 上确实罕见——它在结构上未跳出行业逻辑，却在目标上不断挑战"利 润最大化"的默认前提，将价值观嵌入公司核心。 时间拨回20世纪60年代，户外运动在北美兴起。The North Face与Patagonia几乎同时诞生。两位创始人Douglas Tompkins和Yvon Chouinard彼此熟识，同 样热爱自然，坚信环保。后来他们走向不同方向：Douglas卖掉公司，投身环保基金会；Yvon选择留下，继续经营一家公司。 Patagonia员工私下常拿The North Face作对照。他们说，如果公司被卖掉或上市，Patagonia大概就不再是今天的Patagonia，只会变成"又一家户外品牌"。 1955年的巴黎，克里斯蒂安·迪奥 ...

Sportswear giant Nike reported a sharp drop in second-quarter profit on Friday, overshadowing better-than-expected revenue and earnings and sending its shares down more than 10% in premarket trading, ... ...

TikTok and ByteDance - TikTok's parent company ByteDance has signed binding agreements to establish a U.S. joint venture that will be majority-owned by American investors, involving partners such as Oracle, Silver Lake, and MGX [3][4] - The new joint venture will focus on U.S. data protection, algorithm security, content moderation, and software assurance, operating as an independent entity [4] Instacart - Instacart has reached a $60 million settlement with the U.S. Federal Trade Commission (FTC) over claims of deceptive consumer practices, including misleading advertising regarding free delivery services [5][6] - The settlement prohibits Instacart from making misrepresentations about delivery costs and requires clear disclosure of subscription terms, with the $60 million to be offered as refunds to consumers [7] Nike - Nike reported better-than-expected fiscal second quarter results, driven by strong wholesale and North America sales, which account for 40% of its total business [8] - Despite a profit of $0.53 per share, down 32% year-over-year but 16 cents above expectations, Nike faces challenges from tariffs and margin compression, leading to a gross margin decline of over 300 basis points to 40.6% [9][10]

U.S. stock futures rose on Friday after Thursday’s higher close. Futures of major benchmark indices advanced.On Thursday, the November report showed that annual CPI inflation slowed to 2.7% from 3% in September. Because the Bureau of Labor Statistics lacked October survey-based prices, it carried forward September levels, effectively assuming zero inflation for a missing month. Meanwhile, President Donald Trump signed an executive order on Thursday, directing federal agencies to loosen regulations on mariju ...

It might seem like ages ago that One Big Beautiful Bill Act was signed into law by President Donald Trump on July 4, but most of the bill will kick into effect starting in January, and there are considerable implications for markets. The tax and spending legislation should give a boost to what Manish Kabra, the chief US equity strategist at Société Générale, calls the "other half" of the S&P 500 index, or more traditionally cyclical sectors outside the tech and AI space.Ahead of the new year, Kabra compil ...