StocksMediumUpdated•Originally published 1 October 2026•Updated 1 October 2026•
1 min read
Nike Stock Hits 12-Year Low Ahead of Quarterly Earnings Report
Key Facts
1Nike is scheduled to report its latest quarterly earnings after the closing bell today amid a significant slump in performance.
2The company's stock has reached its lowest level in 12 years leading up to the earnings release.
Nike is scheduled to report its latest quarterly earnings after the closing bell today amid a significant slump in performance. Investopedia reported that the company's stock reached its lowest level in 12 years leading up to the earnings release.
NKE closed at $35.40 on September 30, 2026, after reaching a day high of $35.99 and a low of $35.16 during the session. The company faces an extended slump in sales and market share, making this earnings report critical for restoring investor confidence in its turnaround strategy.
Latest Updates · 1
- Notable·
Update: Nike expects sales to be flat for the first half of the fiscal year. The company is focusing on driving growth in the Chinese market as part of its broader business turnaround strategy.