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Nike Stock Is Down 12% This Year. Will Earnings Break The Retreat?

Nike (NKE) topped estimates for Q2 2026 results late Thursday, but lower sales from China continue to dent performance. The Dow Jones sports giant has posted a multiyear decline amid rising competition, supply chain concerns and tariff uncertainties. Nike Earnings Decline Nike reported a 32% decline in earnings to 53 cents per share, but well above FactSet views for 37…

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