Nike (NKE) reported Q4 2026 revenue of $10.97 billion, a slight decline of 1% year-over-year, while full-year revenue remained at $46.4 billion. The company posted an adjusted net income of $1.07 billion, or $0.20 per share, exceeding the expected $0.11 per share. In contrast, General Mills (GIS) announced a Q4 adjusted operating profit of $705 million, or $0.95 per share, surpassing analyst estimates of $0.82 and increasing 28% from $0.74 a year prior. Their Q4 sales reached approximately $4.61 billion, marking a 1% increase year-over-year.
Both companies are currently trading near their 52-week lows, which has attracted value-focused investors. Nike’s stock trades under $50 per share, and despite some operational improvements, challenges remain in regions like Greater China. General Mills, while experiencing a decline in its largest North American retail business, is addressing consumer concerns by implementing pricing actions and operational efficiencies, aiming for $3 billion in cost savings over the next four years.
Despite the positive quarterly results, both companies face ongoing challenges that may hinder a rapid recovery. Currently, both stocks hold a Zacks Rank #4 (Sell), indicating unfavorable earnings estimate revisions.
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