NKE · 8-K · 20261001PR000184

Strategic Initiatives

NIKE, Inc. · 2026-10-01 · Importance 58 · Surprise 42 · In source text

NIKE introduced Pace, an operating model transformation intended to scale its Sport Offense and build on the cost realignment plan announced in March 2026. The program includes modernization of the global supply chain, a new campus in India, a realignment to three geographies, and further organizational streamlining. NIKE expects approximately $2.5 billion of cumulative savings through fiscal 2031, against approximately $1.0 billion of pre-tax charges primarily related to employee costs. Approximately $0.3 billion of Pace charges are expected in fiscal 2027, in addition to approximately $0.3 billion of severance costs recognized in fiscal 2026.

Key facts

• Pace is expected to deliver approximately $2.5 billion in cumulative savings through fiscal 2031 source
• Pace includes efforts to modernize NIKE's global supply chain, establish a new campus in India, a realignment to three geographies, and further streamlining to reduce costs source
• Conference call will begin at approximately 2:00 p.m. PT on October 1, 2026 source

Impact estimates