NKE · 8-K · 20261001PR000184
Gross Margin Drivers
NIKE, Inc. · 2026-10-01 · Importance 42 · Surprise 14 · From source text
Gross margin expanded 60 basis points year over year to 42.8% from 42.2%. Gross profit was $4.798 billion, down 3% from $4.943 billion because revenue declined 4%. The margin improvement was primarily driven by lower warehousing and logistics costs.
Key facts
- Cost of sales for the quarter was $6,415 million, a -5% change from $6,777 million prior year source
- Gross margin expansion was primarily due to lower warehousing and logistics costs source
- Gross margin expanded 60 basis points to 42.8 percent source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | +0.8% | Cost of sales for the quarter was $6,415 million, a -5% change from $6,777 million prior year |