NIKE (NYSE:NKE) Releases FY 2027 Earnings Guidance

Nike Stock Plunges to 12-Year Low as Billions Vanish From Founder’s Fortune, Raising Questions Over Dow Future

(VINnews) – Nike shares fell sharply Thursday after the company reported weaker sales and warned that revenue will decline by a high-single-digit percentage in fiscal 2027. The stock fell further in after-hours trading, extending its steep decline. Shares were already trading at their lowest level since early 2014 before Thursday’s earnings report. The collapse has […]

Nike Q1 FY2027 earnings: revenue misses, full-year outlook cut

The sportswear company posted $11.21 billion in first-quarter sales, short of analyst expectations, and now expects revenue to fall in fiscal 2027

NIKE (NYSE:NKE) Releases FY 2027 Earnings Guidance

NIKE (NYSE:NKE) updated its FY 2027 earnings guidance. The company provided EPS guidance of 1.150-1.350 for the period, compared to the consensus estimate of 1.660.

NKE Stock Slumps About 9% After-Hours On A Soft Full-Year Forecast: CEO Says The Fix Will Take Time

CFO Dave Denton said operating profit would fall by a greater percentage than revenue in fiscal 2027, and that the supply cuts would pressure revenue for the rest of fiscal 2027 and into fiscal 2028. Nike Sportswear, just under half of quarterly revenue, saw sales fall by a low double-digit…