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Nike Fiscal Q1 Earnings, Revenue Fall; Shares Drop After Hours

Nike Fiscal Q1 Earnings, Revenue Fall; Shares Drop After Hours

MT newswireMT newswire2026/10/01 20:24
04:24 PM EDT, 10/01/2026 (MT Newswires) -- Nike (NKE) reported fiscal Q1 earnings late Thursday of $0.48 per diluted share, down from $0.49 a year earlier. Analysts polled by FactSet expected $0.44. Revenue in the three months ended Aug. 31 fell to $11.21 billion from $11.72 billion a year earlier. Analysts expected $11.32 billion. The company expects fiscal 2027 adjusted EPS of $1.15 to $1.35. Analysts expect $1.68. Fiscal 2027 revenue is expected to decline by high-single digits, Nike said. Nike shares fell 4.6% in after-hours trading.
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