Nike's financial outlook for fiscal year 2027 is deteriorating, marked by shrinking revenue, a 22% drop in China sales, and a 28% decline in Converse sales. The company relies heavily on costly retailer working capital and faces margin risks despite some logistics cost relief. Earnings per share are 25% below expectations, and management forecasts high single-digit revenue declines for the full year. Valuation remains high at 27 times guided EPS, with dividend payouts exceeding 131%, and a $2 billion debt maturity looming, suggesting potential stock price declines to $30 or even $25.
Following the downgrade and bleak outlook for Nike's fiscal 2027, the stock price has fallen sharply. On Pluang, Nike shares trade at USD 32.07, down 9.41% as of Oct 02, 2026 05:31 WIB. Despite the drop, the stock still shows a dividend yield of 4.63%, and Pluang users' order activity leans more towards buying at 61%, compared to 39% selling.
Nike reported earnings per share of $0.48, beating estimates, but revenue fell short at $11.21 billion due to weak demand in Greater China and rising competition. The company issued a cautious fiscal 2027 outlook with EPS forecast between $1.15 and $...
Nike's stock has dropped 76% over the past five years, currently trading at 21 times forward earnings despite this decline. The company's Q1 earnings showed a 4% revenue decrease, particularly weak in Europe and Greater China, with guidance falling b...
Nike announced deeper restructuring under CEO Elliott Hill, including job cuts and reorganizing global divisions into three regions, following a forecast of a steep revenue decline. The company faces ongoing challenges, especially in China where sale...
Nike Inc forecasted a high-single-digit percentage decline in revenue and adjusted earnings per share of $1.15 to $1.35 for fiscal 2027, below analyst estimates of $1.65. The company reported a 4% drop in first-quarter revenue to $11.21 billion, miss...
Nike is set to release its quarterly earnings on October 1, 2026, with analysts forecasting an EPS of $0.44 and revenue of $11.32 billion, both down from last year. The company's stock has fallen 80% this year, hitting 13-year lows, reflecting a chal...
