Where Money Talks & Markets Listen
Dark
Light

sneaker market

nike-sees-profit-hit-bottom-as-turnaround-costs-peak
June 26, 2025

Nike Sees Profit Hit Bottom as Turnaround Costs Peak

Sales decline 12% but beat estimates; margins pressured by inventory strategy Nike reported fourth-quarter results on Thursday that slightly beat Wall Street expectations, despite marking the company’s sharpest profit drop in years.