Plunging 14% at the open, Nike warns of declining revenue in 2026, with the Middle East situation and high inflation dragging on the recovery process.
Nike released a forecast far more pessimistic than market expectations, raising investor concerns about whether the sports brand’s multi-year transformation plan can progress as scheduled. The company warned that **revenue may decline in fiscal 2026, and the current quarter is also under pressure**. Due to disruptions in Europe and