Short answer
Nike, Inc. (NKE) filed an 8-K current report with the SEC on October 1, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item 2.05 (Costs Associated with Exit or Disposal Activities), Item EX-99.1 (Exhibit EX-99.1). Fiscal quarter ended August 31, 2026 results disclosed through furnished Exhibit 99.1.
Nike, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Fiscal quarter ended August 31, 2026 results disclosed through furnished Exhibit 99.1
- Investors should review Exhibit 99.1 for NIKE’s financial performance and management commentary
Item 2.05 · Costs Associated with Exit or Disposal Activities
- Multi-year Pace restructuring targets supply-chain optimization, organizational realignment, India campus, and three-geography operating model
- Approximately $1.0B additional pre-tax charges, following $0.3B fiscal 2026 severance costs
- Approximately $0.3B of new charges expected in fiscal 2027, with remainder through fiscal 2031
- Approximately $2.5B cumulative savings targeted through fiscal 2031, before charges and reinvestment
- Majority of charges expected as future cash expenditures, creating execution and near-term disruption risk
Item EX-99.1 · Exhibit EX-99.1
- Fiscal Q1 2027 revenue $11.2B, down 4%; diluted EPS $0.48, down from $0.49
- Greater China revenue fell 22% to $1.18B, with EBIT down 34%; regional weakness remains the primary concern
- Gross margin expanded 60 bps to 42.8%, while selling and administrative expense declined 3% to $3.9B
- Pace targets approximately $2.5B cumulative savings through fiscal 2031, alongside approximately $1.0B pre-tax charges
- Fiscal 2027 revenue expected to decline high-single digits; adjusted EPS outlook $1.15–$1.35 excludes approximately $0.15 Pace restructuring expense
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Nike, Inc. 8-K filings
Get the next NKE 8-K as it lands
Follow NKE for push alerts, or ask the research agent what this filing means.