Business

Nike Earnings Exceed Expectations

Updated 2026-06-30 20:55 UTC 1 source Positive

Nike’s earnings surpassed Wall Street estimates, driven by a tariff refund. However, the company faces challenges as its profit and gross margins are buoyed by this one-time benefit.

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MarketWatch

Nike earnings crushed Wall Street’s estimates, but there’s a catch

Nike’s profit and gross margins were buoyed by a tariff refund.

2026-06-30 20:49 UTC