2026-10-03 10:22:19
Nike Reports $11.21B Q1 Revenue Miss, Stock Falls 3.64% on Oct 2 Amid Weak China Outlook
According to Nike's SEC filing on October 1, 2026, the company reported Q1 fiscal 2027 revenue of $11,213 million, missing the LSEG consensus estimate of $11.32 billion by approximately $107 million. Revenue declined 4% as reported and 5% currency-neutral year-over-year. Despite diluted earnings of