NikeNàikè耐克third quarterdì sān jìdù第三季度revenueyínshōu营收to exceed / beatchāo超expectationsyùqī预期，North AmericaBěi Měi北美sales revenuexiāoshòu é销售额after a two-year gapshí gé liǎng nián时隔两年to return to / come back tochóng fǎn重返growthzēngzhǎng增长。
March 31, 2026 at 9:00 PM
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BusinessNike Q3 Earnings Beat Expectations as North America Sales Return to Growth
Nike reported Q3 fiscal 2026 revenue of $12.4 billion, beating analyst estimates, with earnings per share of $0.98. North American sales grew 6 percent, marking the first regional return to growth in eight quarters.
China's 14th National People's Congress 4th plenary session opened on March 5, 2026 in Beijing, with Premier Li Qiang submitting the Government Work Report to the Congress. The report sets this year's economic growth target at 4.5% to 5%, lower than last year's original target of around 5%, marking the first time since the early 1990s that China has lowered its growth rate target below 5%.
Premier Li Qiang noted that the current international situation is severe and complex, with China facing multiple challenges including external demand contraction, weak domestic consumption, and sustained real estate market depression. To stimulate domestic demand, the government announced fiscal deficit expansion and increased support for consumer subsidies and infrastructure construction.
Boosting domestic demand has been positioned as the government's top macroeconomic control priority this year, with a pledge to advance trade-in program policies for consumer goods. Analysts noted that the target range setting reflects policymakers' cautious stance toward external uncertainty, particularly concerning China-US trade friction escalation risks.
The government also announced maintaining R&D investment growth at 7% or higher, with key support for strategic emerging industries including artificial intelligence, quantum computing, and new energy. The International Monetary Fund previously forecast China's 2026 economic growth rate at 4.6%, essentially aligning with the official target range.
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