NIKE Reports Q1 FY27 Results, Outlines Pace Savings Plan
NIKE reported fiscal 2027 Q1 results in line with expectations, highlighting improved gross margin and cost discipline. The company detailed its Pace program, which aims to achieve approximately $2.5 billion in cumulative savings through FY2031, incurring about $1.0 billion in pre-tax charges.
NIKE said fiscal 2027 first-quarter results were in line with its expectations, supported by improved gross margin and cost discipline. 0B in pre-tax charges.