NKE · 8-K · 20261001PR000184

Guidance and Outlook

NIKE, Inc. · 2026-10-01 · Importance 74 · Surprise 68 · In source text

NIKE expects fiscal 2027 revenue to decline by a high-single-digit percentage. Management expects the fiscal 2027 effective tax rate to be in the mid-20 percent range, subject to earnings mix and discrete tax items. Adjusted diluted earnings per share is expected to be $1.15 to $1.35, excluding approximately $0.15 of fiscal 2027 restructuring expenses related to Pace.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
revenuenegativeprobable—Revenues are expected to decline high-single digits in fiscal 2027
net_incomeunclearprobable—Adjusted Diluted earnings per share is expected to be in the range of $1.15 to $1.35 for fiscal 2027
net_incomeunclearprobable—Effective tax rate for fiscal 2027 is expected to be in the mid-20 percent range