Nike Q1 27 Earnings
Revenue: $11.21B (est $11.33B) EPS: 48c vs 49c Y/Y Gross Margin: 42.8% vs 42.2% Y/Y Nike Brand Revenue: $10.95B (est $11.09B) Greater China EBIT: $248M (est $312.2M) Inventory: $7.8B (est $7.96B) Expects FY2027 Revenue To Decline High-Single Digits
Story updates
08:16:55 PM UTC
SquawkNews
NIKE POSTED Q1 EPS OF $0.48, ABOVE THE $0.44 ESTIMATE BUT DOWN FROM $0.49 A YEAR EARLIER, WITH REVENUE OF $11.21 BLN BELOW THE $11.33 BLN ESTIMATE AND NIKE BRAND REVENUE OF $10.95 BLN VERSUS $11.09 BLN EXPECTED.
08:17:02 PM UTC
SquawkNews
NIKE POSTED A GROSS MARGIN OF 42.8%, UP FROM 42.2% A YEAR EARLIER, WITH GREATER CHINA EBIT OF $248 MLN MISSING THE $312.2 MLN ESTIMATE AND INVENTORY OF $7.80 BLN.
08:26:41 PM UTC
SquawkNews
Nike Q1 27 Earnings
96B) Expects FY2027 Revenue To Decline High-Single Digits