$NKE reported earnings results

$NKE reported earnings results today with a double beat:

✅Revenue: $11.27B vs. $11.01B expected

✅EPS: $0.54 vs. $0.30 expected

✅Remains the dominant player in the global athletic apparel and footwear market, leveraging its strong brand equity, athlete endorsements, and innovative product designs to maintain consumer demand.

✅Has integrated AI-powered personalization and digital experiences, enhancing its SNKRS app, membership programs, and virtual try-ons, leading to better customer engagement and stronger e-commerce growth.

❌Challenges in China due to increasing competition from domestic brands like Li-Ning and Anta, as well as economic headwinds affecting consumer spending.

❌U.S. sales growth has slowed as consumer discretionary spending declines, and Nike faces challenges from emerging competitors like On Running and Hoka.

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