NKE is trading at about 4% up now at $42.91 as the market digests its June 30, 2026 Q4 earnings beat, which was driven largely by a one-time tariff recovery and slightly better-than-feared China trends.
- Despite the EPS beat, Nike posted a small revenue decline and signaled ongoing weakness in Greater China and direct-to-consumer segments.
- Today’s rebound looks like a partial recovery after yesterday’s post-earnings drop.