NKE · 10-Q · 2026Q3 · Full report

Asia Pacific & Latin America Performance

NIKE, Inc. · 2026-10-02 · Importance 41 · Surprise 22

Asia Pacific & Latin America revenue was flat on a currency-neutral basis, with higher revenue in Southeast Asia & India and Central & South America offset by lower revenue in Japan, Korea and Mexico. Wholesale revenue increased 2%, while NIKE Direct revenue decreased 3% as digital sales fell 10% despite a 5% increase in store sales. Footwear revenue decreased 1%, while apparel revenue increased 4% on a 3% increase in unit sales. Gross margin contracted 150 basis points, primarily because of lower average selling prices and unfavorable standard foreign-currency changes.