Nike Inc. (NKE) reported fiscal Q4 sales of $11.1 billion, surpassing the Zacks Consensus estimate of $10.71 billion, despite a 12% decline from $12.6 billion in the same quarter last year. Their net income was $211 million, or $0.14 per share, exceeding EPS expectations of $0.12 but down 86% from $1.01 a share a year prior. Total sales for the fiscal year 2025 dropped to $46.3 billion, and EPS fell 45% to $2.16 from $3.95 in FY24.
As of Thursday, Nike shares rose approximately 3% but were down 17% in 2025 and 44% over the last three years. In comparison, the S&P 500 gained over 50% during this period, while rival Adidas (ADDYY) saw a 24% increase in stock value.
CEO Elliott Hill highlighted a new “sport offense” strategy focused on core products and product innovation as necessary to regain market share. Nike’s current forward P/E multiple stands at 32.1, compared to the S&P’s 23.5 and Adidas’ 26.8.
