NIKE, Inc. reports company developments tied to its global athletic footwear, apparel, equipment and accessories business. Recurring updates include quarterly financial results, NIKE Brand performance, NIKE Direct and wholesale channel trends, inventory commentary, currency-neutral revenue measures, and geographic activity across markets such as North America, EMEA and Greater China.
News also covers cash dividends on the company's Class A and Class B common stock, brand and retail campaigns involving Nike, Jordan Brand and Converse, and organizational changes affecting senior leadership and geographic management. Converse is a wholly owned NIKE subsidiary brand focused on athletic lifestyle footwear, apparel and accessories.
NIKE (NYSE:NKE) reported fiscal 2027 first-quarter revenue of $11.2 billion, down 4 percent from the same period last year. For the quarter ended August 31, 2026, revenue fell 5 percent excluding currency changes. Gross margin rose 60 basis points to 42.8 percent; net income fell 2 percent to $712 million, and diluted earnings per share declined to $0.48 from $0.49. Greater China revenue fell 22 percent, while North America grew 2 percent.
NIKE introduced Pace, an operating model transformation, and expects approximately $2.5 billion in cumulative savings through fiscal 2031 before approximately $1.0 billion in pre-tax charges and future reinvestment. For fiscal 2027, NIKE expects revenue to decline high-single digits and adjusted diluted earnings per share of $1.15 to $1.35, excluding approximately $0.15 of Pace restructuring expenses. Quarterly dividend returns totaled approximately $610 million, up 3 percent year over year.
Digital Brands Group (DBGI) reported 221% year-over-year revenue growth for its AVO collegiate brand from August 1 through September 11, 2026. AVO's digital marketing spend fell 78% from the same period in 2025, and its return on ad spend was 3.65x. For universities launched in 2026, weekly net revenue rose 442% from Week 1, beginning August 1, to Week 6, beginning September 5. AVO plans to launch a redesigned e-commerce platform in the first week of October.
NIKE (NKE) appointed Alexandre Arnault to its board. lululemon athletica (LULU) described its full-year outlook as revised following its fiscal second quarter, which ended August 2, 2026. Under Armour (UAA) named François Arnaud a global brand ambassador for a HeatGear campaign. Platinum Trade Alerts received $4,600 from Digital Brands Group for coverage of the company's press releases.
NIKE (NKE) has appointed Alexandre Arnault, Deputy CEO of Moët Hennessy, to its Board of Directors, expanding the company’s leadership oversight.
Arnault has served as Deputy CEO of LVMH’s wines and spirits division since February 2025. He previously spent four years as Executive Vice President of Product, Communications and Industrial at Tiffany & Co., where he played a key role in revitalizing the brand. Before that, he led LVMH’s acquisition of RIMOWA and then served as RIMOWA’s CEO for four years, working on brand repositioning and business model transformation.
Earlier in his career, Arnault focused on digital innovation and technology investments at LVMH and Agache, following roles at McKinsey & Company and KKR.
S&P Dow Jones Indices will rebalance the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 before the market opens on September 21, 2026, to keep each index aligned with its target market-cap range.
Dell Technologies, Palo Alto Networks, Arista Networks, and Sandisk will join the S&P 100, while NIKE, Honeywell Aerospace, Simon Property Group, and Colgate-Palmolive exit. Bloom Energy, Everpure, and Illumina will enter the S&P 500, replacing Molson Coors Beverage, The Trade Desk, and Builders FirstSource, which move to the S&P SmallCap 600. Multiple constituents, including HubSpot, AGNC Investment, Corcept Therapeutics, Brinker International, Herc Holdings, Delek US Holdings, AXT, Arcutis Biotherapeutics, AtriCure, Capri Holdings, Boston Beer, and others shift among the S&P MidCap 400 and S&P SmallCap 600.
NIKE (NYSE:NKE) will release its first quarter fiscal 2027 financial results on Thursday, October 1, 2026, at about 1:15 p.m. PT, after U.S. market close. Management will host a live webcast conference call at 2:00 p.m. PT via the NIKE investor website, with an archived replay available until 9:00 p.m. PT, October 29, 2026.
NIKE (NYSE: NKE) announced that its Board of Directors has declared a quarterly cash dividend of $0.41 per share on the company’s outstanding Class A and Class B common stock. The dividend is payable on October 1, 2026 to shareholders of record as of September 1, 2026.
Nike (NYSE:NKE) reported fiscal 2026 revenue of $46.4 billion, flat reported and down 2% currency-neutral. Q4 revenue was $11.0 billion, down 1% reported.
Q4 gross margin rose to 49.2%, aided by a $986 million expected IEEPA tariff recovery; Q4 EPS was $0.72. Full-year EPS was $2.10, with net income of $3.1 billion down 3%.
Wholesale grew while Nike Direct and Converse revenues declined. Nike returned $2.5 billion to shareholders, mainly via $2.4 billion in dividends and $123 million in buybacks.
NIKE (NYSE:NKE) announced a planned CFO transition. David M. Denton will become Executive Vice President and Chief Financial Officer effective August 17, while Matthew Friend steps down and remains through September 4 to support an orderly handover.
NIKE also expects a one-time tariff refund benefit in fourth quarter fiscal 2026 results, with performance otherwise generally in line with prior guidance.
Nike (NYSE:NKE) announced that director John Rogers Jr., on the board since 2018, will retire and not stand for re-election at the September 2026 annual shareholder meeting.
After the meeting, he will become a strategic advisor to Nike, focusing on the future of sport and social community impact.
NIKE (NYSE:NKE) will release its fourth quarter fiscal 2026 earnings on Tuesday, June 30, 2026, at approximately 1:15 p.m. PT, after market close.
Management will host a live webcast conference call at 2:00 p.m. PT on NIKE’s investor website, with an archived replay available until 9:00 p.m. PT, July 24, 2026.