Nike Shares Down 33% YTD as Q4 EPS Forecast $0.13 on $10.85B Revenue
NKE•Nike shares have lost over 33% year to date ahead of its June 30 fiscal Q4 report, with consensus estimates of $0.13 EPS (-7.1% YoY) on $10.85B revenue (-2.2% YoY). Analysts remain mixed with 12 Buy versus 24 Hold ratings as domestic direct‐to‐consumer sales and EMEA markets underperform.
1. YTD Performance and Share Decline
Nike shares have fallen over 33% year to date through June 26, one of the steepest declines in the consumer discretionary sector as investors brace for the World Cup season and await quarterly results.
2. Fiscal Q4 Earnings Estimates
Wall Street consensus forecasts $0.13 EPS for fiscal Q4, down 7.1% year over year, on revenue of $10.85 billion, a 2.2% decline; the report is due after market close on June 30.
3. Analyst Ratings Split
The company holds 12 Buy and Strong Buy ratings versus 24 Hold and 2 Sell, reflecting divergent views; notably, Needham raised its Q4 EPS estimate to $0.28, citing a tariff‐refund benefit.
4. Segment Pressures and Outlook
Nike’s domestic direct‐to‐consumer channel remains pressured while Europe, Middle East and Africa face challenging conditions, prompting cautious guidance despite hopes for a turnaround.
