Nike sales drop 12%, but sneaker giant says the worst of its slump is behind it

Nike said its fiscal fourth quarter will see the worst of its turnaround efforts but investors are wondering if sales and profits still have more room to fall.

Jun 26, 2025 - 22:35
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Nike sales drop 12%, but sneaker giant says the worst of its slump is behind it
Nike said its fiscal fourth quarter will see the worst of its turnaround efforts but investors are wondering if sales and profits still have more room to fall.