Nike beat market expectations on Tuesday, reporting $10.97 billion in revenue, more than $130 million than expected.

Nike is expected to report another quarter of declining sales as the sneaker giant struggles to regain strength under its turnaround strategy.

Nike beat market expectations on Tuesday, reporting $10.97 billion in revenue, more than $130 million than expected.

Sales continued to fall in China, which has been a weak spot for Nike in recent quarters. Read more at straitstimes.com. Read more at straitstimes.com.

Sales continued to fall in China, which has been a weak spot for Nike in recent quarters. Read more at straitstimes.com. Read more at straitstimes.com.

Nike says it sees progress in its multi-year corporate turnaround, and is approaching its rebuild like the 2026 NBA champion New York Knicks.