Can Nike Stock Make a Comeback? Here’s What to Expect from NKE’s Q4 Earnings.

Nike (NKE) is set to report its fourth quarter fiscal 2025 earnings on Thursday, June 26, amid a period of transition and uncertainty. While the sportswear giant has undertaken a series of turnaround efforts to regain its footing, the results of those strategies are not expected to show meaningful traction just yet. In the meantime, the upcoming earnings release is expected to reflect the weight of ongoing challenges, including intense competition, a sluggish Chinese market, and increased markdown activity.

Notably, Nike’s performance has been sluggish over the past several quarters. Given its weak performance, Nike stock has underperformed the broader markets. Moreover, it is down about 20.5% year-to-date.