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Nike posts $46.4 billion fiscal 2026 revenue, nearly $5 billion below peak

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  • Nike reported $46.4 billion in fiscal 2026 revenue and rebuilt its wholesale strategy.
  • Wholesale revenue rose 6% to $27.5 billion, while Nike Direct fell 6% to $17.7 billion.
  • Greater China sales dropped 17% in the fourth quarter, keeping the region as Nike’s main weakness.
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