Nike CFO: Expects FY27 Revenue To Decline Low-To-Mid Single Digits Vs Street Expectations For Growth
Expects Q1 Reported Revenue To Decline Low-To-Mid Single Digits Expects Q1 Gross Margin To Be Slightly Positive Tariffs Remain A Dynamic Cost Headwind Expected To Persist Does Not Expect Operating Environment To Improve Over The Next Six Months Seeing Strong Rebound In Sell-Throughs Driven By World Cup Momentum Following April Deceleration
Expects Q1 Reported Revenue To Decline Low-To-Mid Single Digits Expects Q1 Gross Margin To Be Slightly Positive Tariffs Remain A Dynamic Cost Headwind Expected To Persist Does Not Expect Operating Environment To Improve Over The Next Six Months Seeing Strong Rebound In Sell-Throughs Driven By World Cup Momentum Following April Deceleration