【本周专题】Nike FY2025Q4 营收同比下降12%，随着折扣的加深以及营销费用的增加，净利润下降86%。近期Nike 发布截至2025 年5 月末的FY2025Q4 季报，货币中性基础上公司营收同比下降12%至111 亿美元（直营下降14%，批发下降9%），随着折扣的增加毛利率同比下降4.4pcts 至40.3%，SG&A 费用率同比提升5pcts至37.4%，净利润同比下降86%至...
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