Nike Reports Q3 Fiscal 2026 Results and Forecasts a 20% Drop in China
CONFIRMED88% CONFIDENCEThe release is datelined "BEAVERTON, Ore., Mar. 31, 2026" and the Nasdaq[4] copy reads "Published Mar 31, 2026 4:15pm EDT".
Nike's third-quarter revenue was flat at $11.3 billion and tariffs cut gross margin to 40.2%, but it guided fourth-quarter sales down 2% to 4% with Greater China down about 20%, sending the shares lower after hours.