Key Takeaways NIKE's Q1 EPS dropped 30% but still beat estimates, while revenues rose 1% to $11.72B.Wholesale sales gained 7%, offsetting a 4% fall in NIKE Direct, led by digital weakness.Q2 guidance calls for a low-single-digit sales decline and a 300-375 bps margin contraction.NIKE Inc. (NKE) reported first-quarter fiscal 2026 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. While the revenues improved on a year-over-year basis, earnings per share (EPS) declined. The company’s ...