NKE · News · 20260902N

Gross Margin Drivers

NIKE, Inc. · 2026-09-02 · Importance 47 · Surprise 60 · In source text

NIKE expects gross margin to begin expanding in the first quarter of fiscal 2027. The company is reducing discounting as part of its margin-recovery effort. Near-term revenue may remain under pressure as lower promotions reduce sales volume.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
marginpositiveprobable—Nike now expects its gross margin to begin expanding in the first quarter of fiscal 2027.