{"id":26698,"date":"2025-12-18T17:26:35","date_gmt":"2025-12-18T21:26:35","guid":{"rendered":"https:\/\/www.red94.net\/news\/nke-stock-drops-12-this-year-but-nikes-surprise-earnings-beat-reveals-whats-really-happening-with-elliott-hills-turnaround\/"},"modified":"2025-12-18T17:26:51","modified_gmt":"2025-12-18T21:26:51","slug":"17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna","status":"publish","type":"post","link":"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/","title":{"rendered":"NKE stock drops 12% this year, but Nike’s surprise earnings beat reveals what’s really happening with Elliott Hill’s turnaround"},"content":{"rendered":"

NKE stock drops 12% this year as investors analyze Nike’s Q2 earnings report released this afternoon. The company reported $12.4 billion in revenue<\/b>, slightly beating Wall Street expectations while grappling with margin pressures from tariffs and shifting consumer demand<\/b>. CEO Elliott Hill’s turnaround strategy<\/b> faces a critical test as investors evaluate whether Nike can stabilize the stock price.<\/p>\n

\n

\ud83d\udd25 Quick Facts<\/h3>\n
    \n
  • NKE stock is down 12% for 2025<\/b>, marking its worst calendar year performance in years<\/li>\n
  • Q2 revenue reached $12.4 billion<\/b>, up 1% year-over-year but flat currency-neutral, beating the $12.22 billion forecast<\/b><\/li>\n
  • Diluted earnings per share fell to $0.53<\/b>, down 32% from $0.78<\/b> last year, missing the $0.37-$0.38 consensus<\/b><\/li>\n
  • Gross margin contracted 300 basis points to 40.6%<\/b>, primarily due to tariff headwinds in North America and increased freight costs<\/li>\n<\/ul>\n<\/div>\n

    NKE Stock Down 12% This Year Amid Market Headwinds<\/h2>\n

    Nike’s stock has struggled throughout 2025<\/b>, with the 12% decline<\/b> reflecting investor concerns about slowing growth and margin compression. The decline stands in sharp contrast to the company’s historic strength as one of the world’s most valuable footwear and apparel brands. Prior to this decline, Nike was trading at $81.72 in February 2025<\/b>, marking a significant sell-off as the company navigates consumer demand shifts and macroeconomic pressures.<\/p>\n

    The stock’s underperformance comes as multiple headwinds converge on the business. Tariff implementation<\/b> in North America has forced the company to absorb higher costs, while weakness in the Greater China market<\/b>\u2014traditionally a growth engine\u2014has added pressure. Additionally, Converse revenues fell 30%<\/b> in Q2, signaling challenges in the lifestyle category that once complemented Nike’s core performance business.<\/p>\n

    Nike Q2 Earnings Beat Revenue Expectations, Misses on Profit<\/h2>\n

    Nike reported fiscal second quarter revenues of $12.4 billion<\/b> on a reported basis, exceeding analyst expectations of $12.22 billion<\/b>. This represents 1% growth year-over-year<\/b> and a flat performance currency-neutral<\/b>, showing modest resilience despite headwinds. The revenue beat was driven by strong wholesale growth of 8%<\/b>, particularly in North America footwear<\/b>, which grew 9% in the quarter<\/b>.<\/p>\n

    However, profit margins compressed significantly. Gross margin declined 300 basis points to 40.6%<\/b> from 43.6% last year<\/b>, driven primarily by higher North American tariffs<\/b> and increased product costs. The company’s net income fell 32% to $792 million<\/b>, and diluted earnings per share dropped 32% to $0.53<\/b> from $0.78 last year<\/b>. Wall Street had been modeling for EPS around $0.37-$0.38<\/b>, though Nike’s actual result came in ahead of those depressed forecasts.<\/p>\n

    Geographic Breakdown: North America Strength Masks Greater China Weakness<\/h2>\n\n\n\n\n\n\n
    Region<\/td>\nQ2 Revenue<\/td>\nYear-Over-Year Change<\/td>\nKey Driver<\/td>\n<\/tr>\n
    North America<\/b><\/td>\n$5.6 billion<\/td>\n+9%<\/td>\nStrong footwear and apparel growth<\/td>\n<\/tr>\n
    Europe, Middle East & Africa<\/b><\/td>\n$3.3 billion<\/td>\n-1% (currency-adjusted)<\/td>\nFlat performance amid economic pressure<\/td>\n<\/tr>\n
    Greater China<\/b><\/td>\n$1.4 billion<\/td>\n-16% (currency-adjusted)<\/td>\nWeak consumer demand and competition<\/td>\n<\/tr>\n
    Asia Pacific & Latin America<\/b><\/td>\n$1.6 billion<\/td>\n-4%<\/td>\nEquipment and footwear softness<\/td>\n<\/tr>\n<\/table>\n

    Nike’s geographic performance tells a mixed story. North America remains strong<\/b>, with revenues increasing 9%<\/b> driven by gains in footwear, apparel, and equipment<\/b>. However, Greater China weakness<\/b> presents a significant headwind, with revenues declining 16% currency-adjusted<\/b>. Footwear specifically dropped 21%<\/b> in Greater China, signaling intensifying competition and softer consumer sentiment in the world’s second-largest economy.<\/p>\n

    Elliott Hill’s “Win Now” Strategy Faces Critical Juncture as Turnaround Challenges Mount<\/h2>\n

    CEO Elliott Hill<\/b>, who took the helm in October 2024<\/b>, is executing a turnaround strategy called the “Win Now” plan<\/b>. The strategy focuses on restoring wholesale relationships, restructuring business around specific sports, and reigniting product innovation<\/b>. In the earnings call, Hill emphasized that Nike is in the middle innings of our comeback<\/b>, acknowledging the work ahead remains substantial.<\/p>\n

    The company has taken several actions to support the turnaround: restructuring leadership in December 2025<\/b> to eliminate management layers, increasing brand marketing investment by 13%<\/b> to reignite consumer engagement, and rebuilding wholesale partnerships<\/b> that deteriorated under the previous direct-to-consumer focus. However, investors remain skeptical about execution ability, particularly given Greater China headwinds and tariff pressures<\/b> that are proving difficult to overcome quickly.<\/p>\n

    What Must Happen Next for NKE Stock Recovery to Gain Traction?<\/h2>\n

    Nike’s path forward requires navigating multiple challenges simultaneously. The company must demonstrate that consumer demand stabilizes<\/b> beyond North America, particularly in critical markets like Greater China and Europe<\/b>. Margin recovery<\/b> will prove equally important\u2014investors need conviction that tariff management and operational efficiency improvements<\/b> can restore profitability toward historical levels of 43-45% gross margins<\/b>.<\/p>\n

    Additionally, Wall Street conviction in the turnaround narrative<\/b> remains fragile. The stock trades near 52-week lows<\/b>, with analyst price targets ranging from $58 to $115<\/b>, showing wide disagreement about Nike’s future. Unless these near-term results improve materially\u2014particularly direct-to-consumer stabilization and Greater China momentum<\/b>\u2014the stock could face additional pressure despite earnings reaching expectations.<\/p>\n

    Will Nike’s Earnings Prove Inflection Point or Signal Deeper Structural Challenges?<\/h2>\n

    Today’s earnings beat on revenue but miss on profitability may simply mark another chapter in a longer turnaround saga rather than a true inflection point. The company’s ability to stabilize NKE stock performance depends almost entirely on whether management can arrest the margin pressure<\/b> and market share losses in key geographies<\/b> that have plagued the business for the past 18 months. Investors will scrutinize the upcoming conference call for any signals that the turnaround is accelerating or, conversely, facing new obstacles.<\/p>\n<\/p>\n

    \n“NIKE is in the middle innings of our comeback. We are making progress in the areas we prioritized first and remain confident in the actions we’re taking to drive the long-term growth and profitability of our brands.”\n<\/p><\/blockquote>\n

    \u2014 Elliott Hill<\/b>, President & CEO, Nike Inc.<\/p>\n

    Sources<\/h3>\n
      \n
    • Business Wire<\/b> – Nike Q2 fiscal 2026 earnings announcement and detailed financial statements<\/li>\n
    • CNBC<\/b> – Nike earnings expectations and analyst consensus forecasts<\/li>\n
    • Yahoo Finance<\/b> – Year-to-date stock performance and historical price targets<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":23,"featured_media":26697,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"schema_org_data":"{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Person\",\"name\":\"Elliott Hill\"},{\"@type\":\"Place\",\"name\":\"North America\",\"description\":\"country\"},{\"@type\":\"Place\",\"name\":\"Greater China\",\"description\":\"country\"},{\"@type\":\"Place\",\"name\":\"Europe, Middle East & Africa\",\"description\":\"country\"},{\"@type\":\"Place\",\"name\":\"Asia Pacific & Latin America\",\"description\":\"country\"}]}","_extracted_celebrities":null,"_extracted_movies":"","_extracted_places":null,"_extracted_videos":"","_last_enrichment_date":"2025-12-18 17:27:22","footnotes":""},"categories":[391],"tags":[],"class_list":["post-26698","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-finance","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"yoast_head":"\nNKE stock drops 12% this year, but Nike's surprise earnings beat reveals what's really happening with Elliott Hill's turnaround<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NKE stock drops 12% this year, but Nike's surprise earnings beat reveals what's really happening with Elliott Hill's turnaround\" \/>\n<meta property=\"og:description\" content=\"…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/\" \/>\n<meta property=\"og:site_name\" content=\"Red94\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-18T21:26:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-18T21:26:51+00:00\" \/>\n<meta name=\"author\" content=\"Patrick Graham\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Patrick Graham\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/\"},\"author\":{\"name\":\"Patrick Graham\",\"@id\":\"https:\/\/www.red94.net\/news\/#\/schema\/person\/a87cd0001445db88250833ec7b7ce9a9\"},\"headline\":\"NKE stock drops 12% this year, but Nike’s surprise earnings beat reveals what’s really happening with Elliott Hill’s turnaround\",\"datePublished\":\"2025-12-18T21:26:35+00:00\",\"dateModified\":\"2025-12-18T21:26:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/\"},\"wordCount\":928,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.red94.net\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/14494-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna.jpg.png\",\"articleSection\":[\"Business & Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/\",\"url\":\"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/\",\"name\":\"NKE stock drops 12% this year, but Nike's surprise earnings beat reveals what's really happening with Elliott Hill's turnaround\",\"isPartOf\":{\"@id\":\"https:\/\/www.red94.net\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/14494-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna.jpg.png\",\"datePublished\":\"2025-12-18T21:26:35+00:00\",\"dateModified\":\"2025-12-18T21:26:51+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/#primaryimage\",\"url\":\"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/14494-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna.jpg.png\",\"contentUrl\":\"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/14494-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna.jpg.png\",\"width\":1360,\"height\":768,\"caption\":\"NKE stock drops 12% this year as Nike reports earnings today, investors hope turnaround gains traction\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.red94.net\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Entertainment\",\"item\":\"https:\/\/www.red94.net\/news\/entertainment\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"NKE stock drops 12% this year, but Nike’s surprise earnings beat reveals what’s really happening with Elliott Hill’s turnaround\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.red94.net\/news\/#website\",\"url\":\"https:\/\/www.red94.net\/news\/\",\"name\":\"Red94\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.red94.net\/news\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.red94.net\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.red94.net\/news\/#organization\",\"name\":\"Red94\",\"url\":\"https:\/\/www.red94.net\/news\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.red94.net\/news\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/07\/Logo-Red94.png\",\"contentUrl\":\"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/07\/Logo-Red94.png\",\"width\":289,\"height\":90,\"caption\":\"Red94\"},\"image\":{\"@id\":\"https:\/\/www.red94.net\/news\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.red94.net\/news\/#\/schema\/person\/a87cd0001445db88250833ec7b7ce9a9\",\"name\":\"Patrick Graham\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.red94.net\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.red94.net\/news\/wp-content\/plugins\/generateperf\/images\/icons\/avatar.svg\",\"contentUrl\":\"https:\/\/www.red94.net\/news\/wp-content\/plugins\/generateperf\/images\/icons\/avatar.svg\",\"caption\":\"Patrick Graham\"},\"description\":\"Patrick Graham is a business and finance journalist translating Wall Street's complexities into stories that matter to everyday readers. With extensive experience in financial journalism and economic analysis, this expert journalist provides sharp insights on market trends, corporate developments, and the economic forces affecting daily life. His reporting helps readers make sense of the business world's biggest moves.\",\"url\":\"https:\/\/www.red94.net\/news\/author\/patrick-graham\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"NKE stock drops 12% this year, but Nike's surprise earnings beat reveals what's really happening with Elliott Hill's turnaround","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/","og_locale":"en_US","og_type":"article","og_title":"NKE stock drops 12% this year, but Nike's surprise earnings beat reveals what's really happening with Elliott Hill's turnaround","og_description":"…","og_url":"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/","og_site_name":"Red94","article_published_time":"2025-12-18T21:26:35+00:00","article_modified_time":"2025-12-18T21:26:51+00:00","author":"Patrick Graham","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Patrick Graham","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/#article","isPartOf":{"@id":"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/"},"author":{"name":"Patrick Graham","@id":"https:\/\/www.red94.net\/news\/#\/schema\/person\/a87cd0001445db88250833ec7b7ce9a9"},"headline":"NKE stock drops 12% this year, but Nike’s surprise earnings beat reveals what’s really happening with Elliott Hill’s turnaround","datePublished":"2025-12-18T21:26:35+00:00","dateModified":"2025-12-18T21:26:51+00:00","mainEntityOfPage":{"@id":"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/"},"wordCount":928,"commentCount":0,"publisher":{"@id":"https:\/\/www.red94.net\/news\/#organization"},"image":{"@id":"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/#primaryimage"},"thumbnailUrl":"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/14494-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna.jpg.png","articleSection":["Business & Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/","url":"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/","name":"NKE stock drops 12% this year, but Nike's surprise earnings beat reveals what's really happening with Elliott Hill's turnaround","isPartOf":{"@id":"https:\/\/www.red94.net\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/#primaryimage"},"image":{"@id":"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/#primaryimage"},"thumbnailUrl":"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/14494-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna.jpg.png","datePublished":"2025-12-18T21:26:35+00:00","dateModified":"2025-12-18T21:26:51+00:00","breadcrumb":{"@id":"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/#primaryimage","url":"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/14494-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna.jpg.png","contentUrl":"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/12\/14494-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna.jpg.png","width":1360,"height":768,"caption":"NKE stock drops 12% this year as Nike reports earnings today, investors hope turnaround gains traction"},{"@type":"BreadcrumbList","@id":"https:\/\/www.red94.net\/news\/17516-nke-stock-drops-12-this-year-as-nike-reports-earnings-today-investors-hope-turna\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.red94.net\/news\/"},{"@type":"ListItem","position":2,"name":"Entertainment","item":"https:\/\/www.red94.net\/news\/entertainment\/"},{"@type":"ListItem","position":3,"name":"NKE stock drops 12% this year, but Nike’s surprise earnings beat reveals what’s really happening with Elliott Hill’s turnaround"}]},{"@type":"WebSite","@id":"https:\/\/www.red94.net\/news\/#website","url":"https:\/\/www.red94.net\/news\/","name":"Red94","description":"","publisher":{"@id":"https:\/\/www.red94.net\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.red94.net\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.red94.net\/news\/#organization","name":"Red94","url":"https:\/\/www.red94.net\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.red94.net\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/07\/Logo-Red94.png","contentUrl":"https:\/\/www.red94.net\/news\/wp-content\/uploads\/2025\/07\/Logo-Red94.png","width":289,"height":90,"caption":"Red94"},"image":{"@id":"https:\/\/www.red94.net\/news\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.red94.net\/news\/#\/schema\/person\/a87cd0001445db88250833ec7b7ce9a9","name":"Patrick Graham","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.red94.net\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.red94.net\/news\/wp-content\/plugins\/generateperf\/images\/icons\/avatar.svg","contentUrl":"https:\/\/www.red94.net\/news\/wp-content\/plugins\/generateperf\/images\/icons\/avatar.svg","caption":"Patrick Graham"},"description":"Patrick Graham is a business and finance journalist translating Wall Street's complexities into stories that matter to everyday readers. With extensive experience in financial journalism and economic analysis, this expert journalist provides sharp insights on market trends, corporate developments, and the economic forces affecting daily life. His reporting helps readers make sense of the business world's biggest moves.","url":"https:\/\/www.red94.net\/news\/author\/patrick-graham\/"}]}},"views":87,"_links":{"self":[{"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/posts\/26698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/comments?post=26698"}],"version-history":[{"count":0,"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/posts\/26698\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/media\/26697"}],"wp:attachment":[{"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/media?parent=26698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/categories?post=26698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.red94.net\/news\/wp-json\/wp\/v2\/tags?post=26698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}