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At close · Thu, Jul 9, 2026
Daily Market Updates.

Earnings

HomeEarningsResultsNike results top estimates despite China sales falling…

Nike results top estimates despite China sales falling 12%

CNBC Earnings reports Nike expects a $986 million tariff refund.

Nike’s quarterly results beat expectations even as its China sales fell 12%, according to CNBC Earnings.

The retailer is working under its turnaround strategy as it seeks to regain strength after another quarter of declining sales.

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