Nike shares jumped in after-hours trading Tuesday after the sportswear maker's quarterly results far exceeded Wall Street expectations, signaling that CEO Elliott Hill's turnaround strategy is gaining momentum. Total revenue in the company's fiscal 2026 first quarter increased 1% year over year to $11.72 billion, topping Wall Street expectations of about $11 billion, according to estimates compiled by LSEG. Earnings per share (EPS) fell 30% from the year-ago period to 49 cents, beating the consensus of 70 cents, LSEG data showed. The stock — a member of the Club's portfolio for only a few days — climbed more than 4% to around $72.66 a share in extended trading. Nike shares ended Tuesday's regular session down almost 10% in September. Why we own it Nike, the global leader in sportswear, is
Nike shares jump on strong earnings, signs its turnaround is racing ahead under CEO Hill

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