NKE
NIKE, Inc.67.12
-0.66-0.97%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
99.22BP/E (TTM)
34.42Basic EPS (TTM)
1.95Dividend Yield
0.02%Recent Filings
8-K
New $1B credit facility
Nike entered a new $1B 364-day unsecured revolving credit facility on March 6, 2026, maturing March 5, 2027, replacing its prior facility expiring that day with no amounts outstanding. Available in multiple currencies for working capital and to back commercial paper, it carries Term SOFR plus 0.595% with no financial covenants. Routine rollover. Liquidity intact.
8-K
Nike plans $300M restructuring
Nike approved organizational changes on February 27, 2026, to realign costs and reignite growth, expecting $300 million in pre-tax charges over nine months ended February 28, 2026—mostly severance in Q3 FY2026. Combined with prior actions, these aim for efficiency. Charges are estimates; actuals may differ materially. More cuts loom.
10-Q
Q2 FY2026 results
NIKE posted Q2 FY2026 revenues of $12.4B, up 1% y/y yet flat q/q (derived), as North America surged 9% while Greater China dropped 17% and Converse plunged 30%. Gross margin slipped to 40.6% from 43.6%, stung by higher North America tariffs, with net income at $792M and diluted EPS $0.53, down 32% y/y—EPS reconciles to 1,481M diluted shares. Operating cash flow tallied $801M YTD, down sharply; free cash flow not disclosed in the 10-Q. Cash sits at $7.0B with $8.0B total liquidity, long-term debt $7.0B. Tariffs loom large.
8-K
NIKE Q2 revenues flat CN
NIKE reported Q2 fiscal 2026 revenues of $12.4 billion, up 1% reported but flat currency-neutral, with wholesale surging 8% to $7.5 billion while Direct dropped 9%. Gross margin slipped 300 basis points to 40.6% from North America tariffs; EPS fell 32% to $0.53. Inventories down 3%. Win Now actions build long-term growth.
8-K
Nike shakes up leadership
Nike appointed supply chain veteran Venkatesh Alagirisamy as EVP and COO effective December 8, 2025, absorbing technology and operations to streamline its 'Win Now' push. The company axed the Chief Commercial Officer role held by Craig Williams, who exits April 6, 2026, shifting sales and Nike Direct to CFO Matt Friend. Layers slashed. Geography heads join the senior team for faster market ties.
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