Nike, Inc.: Mixed — EPS $0.48, Revenue $11.21B
Earnings Report· 2026-10-01
NKE
Q1 · 2027After-MarketNike, Inc.
@trystockwhiz
EARNING PER SHARE
Actual ($)
0.48
— YoY
Expected
0.44
Beat
+9.09%
REVENUE
Actual ($)
11.21B
— YoY
Expected
11.32B
Miss
-0.95%
Earning Report
| Metric | Q1 2027 | Q1 2026 | YoY Change % |
|---|---|---|---|
| Revenue | $11.21B | $11.72B | -4.0 |
| └─NIKE Brand | $10.95B | $11.36B | -4.0 |
| └─Converse | $263.00M | $366.00M | -28.0 |
| └─Corporate | $(2)M | $(8)M | - |
| └─North America | $5.13B | $5.02B | +2.0 |
| └─Europe, Middle East & Africa | $3.18B | $3.33B | -5.0 |
| └─Greater China | $1.18B | $1.51B | -22.0 |
| └─Asia Pacific & Latin America | $1.46B | $1.49B | -2.0 |
| └─Global Brand Divisions | $69.00M | - | - |
| └─Footwear | $6.95B | $7.41B | -6.0 |
| └─Apparel | $3.38B | $3.31B | +2.0 |
| └─Equipment | $611.00M | $630.00M | -3.0 |
| └─Sales to Wholesale Customers | $6.80B | $6.84B | -1.0 |
| └─Sales through NIKE Direct | $4.14B | $4.51B | -8.0 |
| GAAP Basic EPS | $0.48 | $0.49 | -2.0 |
| GAAP Diluted EPS | $0.48 | $0.49 | -2.0 |
| Net Income | $712.00M | $727.00M | -2.0 |
Financial Outlook / Guidance
| Metric | Next Quarter Outlook | FY27 Outlook |
|---|---|---|
| Revenues | — | high-single digits decline |
| Adjusted Diluted EPS | — | $1.15-$1.35 (excl. ~$0.15 Pace restructuring) |
Business Highlights
- ➤Sport Offense continued to drive momentum across priority sports.
- ➤Introduced Pace, an operating-model transformation to scale the Sport Offense.
- ➤Pace builds on the March 2026 cost realignment plan.
- ➤Pace will modernize NIKE's global supply chain.
- ➤NIKE will establish a new India campus to fuel enterprise capabilities.
- ➤Pace includes a realignment to three geographies.
- ➤The program includes further organizational streamlining to reduce costs.
- ➤Returned approximately $610M to shareholders through dividends.
Management Commentary
Elliott Hill, President and Chief Executive Officer, NIKE, Inc.
“The Sport Offense is driving measurable progress across our performance business, and we introduced Pace to help us accelerate and scale that momentum across NIKE.”
Elliott Hill, President and Chief Executive Officer, NIKE, Inc.
“We have more work to do in NIKE Sportswear, Jordan Brand and Greater China, and we're taking deliberate actions to strengthen those businesses the right way for the long-term.”
Dave Denton, Executive Vice President and Chief Financial Officer, NIKE, Inc.
“We delivered first quarter results consistent with our expectations, supported by improved gross margin and disciplined cost management.”
Dave Denton, Executive Vice President and Chief Financial Officer, NIKE, Inc.
“As we move forward, we remain focused on strengthening the health of our product portfolio, improving productivity across the enterprise and allocating resources with discipline to support long-term shareholder value.”