NKE · 10-K · 2026A · Full report

Asia Pacific & Latin America Performance

NIKE, Inc. · 2026-07-15 · Importance 49 · Surprise 32 · Matches filing data

Asia Pacific & Latin America revenues were essentially flat, decreasing 1% on a currency-neutral basis to $6,243 million in fiscal 2026, with declines concentrated in Southeast Asia & India, Japan and Korea offset by growth in Central & South America and Pacific. Wholesale revenues increased 2% while NIKE Direct decreased 6% (digital down 9%, stores down 1%); comparable store sales decreased 4%. Footwear unit sales fell 3% with flat ASPs, while apparel unit sales rose 5% with flat ASPs, contributing to a 9% decline in reported EBIT to $1,387 million. Gross margin contracted roughly 200 basis points primarily from unfavorable standard FX rates, and operating overhead rose due to wage-related and FX impacts.

Key facts

• Asia Pacific & Latin America revenues were $6,243 million in fiscal 2026 compared to $6,251 million in fiscal 2025, essentially flat (down 1% currency-neutral). source
• Asia Pacific & Latin America EBIT was $1,387 million in fiscal 2026 compared to $1,527 million in fiscal 2025, a 9% decrease. source

Impact estimates