Nike reported flat revenues for the second quarter of fiscal 2026, posting $12.4 billion and beating analysts' expectations after the company returned to growth last quarter following five consecutive declines.Elliot Hill said Nike is executing its Win Now turnaround as direct-to-consumer sales fell 9 percent to $4.6 billion while wholesale rose 8 percent to $7.5 billion, and margins were squeezed by tariffs on imports from Vietnam and greater wholesale exposure.