Nike Reports Fiscal 2027 First-Quarter Earnings October 1

Nike Inc. will report its first-quarter fiscal year 2027 earnings after the market closes on October 1. Wall Street consensus estimates project total revenue of $11.33 billion and earnings of $0.44 per share.

The company is currently executing a turnaround plan under CEO Elliott Hill, who returned to the company in late 2024. Hill is focusing the organization on wholesale relationships, sports, and product innovation to reverse a year-long stock decline of nearly 43%, which has left shares trading near a 12-year low.

Financial performance has been pressured by weak consumer demand in China and weakened footwear demand in the United States. Additionally, the company faces macroeconomic challenges across Europe, the Middle East, and Africa, as well as the impact of new tariffs implemented by President Donald Trump. While some analysts anticipate the upcoming report will show progress, others have lowered price targets due to these ongoing headwinds.