NKE · News · 20261106N

Guidance / Outlook

NIKE, Inc. · 2026-11-06 · Importance 51 · Surprise 50

NIKE expected sales to decline again in fiscal 2027, according to the report. It also expected near-term margin pressure, despite fiscal Q1 2027 gross-margin expansion of 60 basis points to 42.8%. Most savings from the multi-year Pace transformation were expected later in the program, rather than providing an immediate offset.

Key facts

• NIKE expects another year of declining sales and near-term margin pressure. source
• Most savings from NIKE's Pace program are not expected until later in the program. source