NIKE Stock (NYSE: NKE) Drops After Q2 FY2026 Earnings: Tariffs Squeeze Margins, China Weakness Persists, Analysts Reset Forecasts
December 21, 2025 Nike, Inc. (NYSE: NKE) entered the final stretch of 2025 with a familiar mix of strengths and stress fractures: a still-formidable brand, a visible wholesale rebound in North America—and a profit picture getting pinched by tariffs, inventory