Nike Stock Pops on $0.49 EPS Beat as China Sales Slide 10%
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最新报道：Nike stock rallied after fiscal Q1 2026 earnings beat analyst expectations with EPS at $0.49, despite a 10% revenue drop in China and overall sales falling to $11.59 billion. Gross margin improved by 120 basis points to 45.4%, driven by cost efficiencies. CEO Elliott Hill emphasized focus on core athletic categories, while CFO Matthew Friend noted near-term pressures but potential improvements in supply chain and retail execution. Local brands like Anta and Li-Ning are gaining market share in China, but analysts remain cautiously optimistic due to Nike's strong brand and financial base.
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