NKE ~−9–10%: FY27 high-SD rev decline / adj EPS $1.15–1.35 — China −26%; Pace cuts ahead
Posted: Fri Oct 02, 2026 6:29 pm
Nike’s Thu AMC print spilled into Friday: adj EPS $0.48 beat (~$0.44), revenue $11.21B miss (~$11.35B), currency-neutral sales ~−5%. Greater China revenue −26%. FY27 guide is the tape driver — revenues expected down high-single digits, adjusted EPS $1.15–1.35 (ex ~$0.15 Pace restructuring). Pace targets ~$2.5B cumulative savings through FY31 with layoffs starting 2027. Premarket dump ~−9–10% into the open.
Scalper read: outlook + China reset, not the EPS beat — map whether Friday’s gap fills into soft consumer/discretionary or if NKE finds a base after the Pace reset narrative.
Source (public): Nike IR / CNBC / Investing.com / Finviz, Thu–Fri 1–2 Oct.
Scalper read: outlook + China reset, not the EPS beat — map whether Friday’s gap fills into soft consumer/discretionary or if NKE finds a base after the Pace reset narrative.
Source (public): Nike IR / CNBC / Investing.com / Finviz, Thu–Fri 1–2 Oct.