Nike earnings are out. Here are the numbers
Nike on Thursday posted a mixed fiscal first quarter and announced a restructuring plan that will lead to layoffs starting next year.The company also offered a full-year outlook, saying it expects revenues to decline by a high-single digit percentage in fiscal 2027. Nike also said it expects adjusted earnings per share to be in a range of $1.15 to $1.35.Shares of Nike fell roughly 3% in extended trading Thursday.Here's what the company reported for the period compared to what analysts expected, according to consensus estimates from LSEG: Earnings per share: 48 cents vs. 43 cents expectedRevenue: $11.21 billion vs. $11.32 billion expectedNike reported net income of $712 million, down 2% from $727 million the year prior.Revenue fell 4% to $11.21 billion.
- ▪Nike on Thursday posted a mixed fiscal first quarter and announced a restructuring plan that will lead to layoffs starting next year.The company also offered a full-year outlook, saying it expects revenues to decline by a high-single digit
- ▪Nike also said it expects adjusted earnings per share to be in a range of $1.15 to $1.35.Shares of Nike fell roughly 3% in extended trading Thursday.Here's what the company reported for the period compared to what analysts expected, accordi
- ▪43 cents expectedRevenue: $11.21 billion vs. $11.32 billion expectedNike reported net income of $712 million, down 2% from $727 million the year prior.Revenue fell 4% to $11.21 billion.
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| Original publisher | CNBC |
| Canonical URL | https://www.cnbc.com/2026/10/01/nike-nke-q1-2027-earnings.html |
| Publication time | Thu, 01 Oct 2026 20:19:23 GMT |
| Retrieval time | 2026-10-02T04:03:38.207Z |
| Last seen | 2026-10-02T04:03:38.207Z |
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Opening excerpt (first ~120 words) tap to expand
Nike on Thursday posted a mixed fiscal first quarter and announced a restructuring plan that will lead to layoffs starting next year.The company also offered a full-year outlook, saying it expects revenues to decline by a high-single digit percentage in fiscal 2027. Nike also said it expects adjusted earnings per share to be in a range of $1.15 to $1.35.Shares of Nike fell roughly 3% in extended trading Thursday.Here's what the company reported for the period compared to what analysts expected, according to consensus estimates from LSEG: Earnings per share: 48 cents vs. 43 cents expectedRevenue: $11.21 billion vs. $11.32 billion expectedNike reported net income of $712 million, down 2% from $727 million the year prior.Revenue fell 4% to $11.21 billion.
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