Nike Q1 FY2027 revenue misses at $11.21B, EPS beats at $0.48; guides FY revenue down high-single digits, announces job cuts

Nike's Q1 FY2027 earnings, released October 1, showed revenue of $11.21B versus $11.32B expected and EPS of $0.48 versus $0.43 expected, with Jordan brand revenue growth down a mid-teens percentage. Nike warned full-year revenue is now expected to fall by high-single digits and announced job cuts, per the company.

Detected & updated continuously · Source: Nebula