Nike Shares Surge as Strong Q1 Earnings Signal Turnaround Momentum
Nike Shares Surge as Strong Q1 Earnings Signal Turnaround Momentum Nike (NKE) shares experienced a significant surge in after-hours trading on Tuesday, October 1, 2025, following the release of its fiscal 2026 first-quarter results, which substantially surpassed Wall Street’s expectations. The robust performance signals that CEO Elliott Hill’s ambitious turnaround strategy is rapidly gaining momentum. For the first quarter of fiscal 2026, Nike reported total revenue of $11.72 billion, marking a 1% increase year-over-year and comfortably beating analyst estimates of…