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Top Earnings NewsNike Beat Expectations Nike (NKE) reported earnings of $0.72 per share on revenue of $10.97 billion for the fiscal fourth quarter ended May 2026. The consensus earnings estimate was $0.11 per share on revenue of $10.88 billion. The Earnings Whisper number was $0.36 per share. The company beat expectations by 100.00% while revenue fell 1.13% compared to the same quarter a year ago.
The company said during its conference call it expects first quarter revenue of $10.96 billion to $11.60 billion. The current consensus revenue estimate is $11.41 billion for the quarter ending August 31, 2026.
"In fiscal 2026, we took decisive actions to strengthen the foundation of NIKE, Inc. and reposition our business for long-term growth," said Elliott Hill, President and Chief Executive Officer, NIKE, Inc. "We made meaningful structural improvements to lay the groundwork for our Sport Offense across our team culture, innovative product, brand strength, and how we serve consumers in our countries and cities. While we continue to face top-line headwinds, we're encouraged by progress in performance product and are focused on consistent execution, improved profitability and scaling our wins to realize our full potential."
NIKE, Inc. is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities.
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General Mills is Expected to Beat Estimates General Mills (GIS) is confirmed to report earnings on Wednesday, July 1, 2026 at approximately 7:00 AM ET. The consensus earnings estimate is $0.82 per share on revenue of $4.60 billion, respresenting 1.0% year-over-year revenue growth, and the Earnings Whisper ® number is $0.85 per share. Investors are 51.3% bearish going into the company's earnings release. Option traders are pricing in a 8.7% move on earnings and the stock has averaged a 2.9% move in recent quarters.
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