Nike’s iconic swoosh is limping into 2026. Their Q4 CY2025 revenue came in at $12.43 billion, topping forecasts even though sales were flat from a year earlier.​ That “beat-without-growth” pattern is showing up across footwear as demand cools and classic styles lose momentum.​ Nike’s bigger headache right now is China, where weaker demand is colliding with tariff-driven cost pressure. This has translated directly into pressure on the share price, not just the headlines, as the stock has been repriced lowe ...