{
  "id": 11293568,
  "title": "Earnings call transcript: Nike posts Q1 2026 EPS beat, shares sink on weak sales",
  "url": "https://urgent.news/2026/10/01/earnings-call-transcript-nike-posts-q1-2026-eps-beat-shares-sink-on",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T22:10:08.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/earnings-call-transcript-nike-posts-q1-2026-eps-beat-shares-sink-on-weak-sales-93CH-4928594"
  },
  "original_language": "en",
  "account": "Nike reported Q1 fiscal 2027 earnings that beat profit expectations with earnings per share at $0.48, above the forecasted $0.44. However, revenue of $11.21 billion fell short of the $11.35 billion estimate. The stock fell 6.24% in after-hours trading as investors focused on weak sales, particularly in Greater China, which dropped 26%. Management explained that revenue pressure will continue as they reshape businesses like Nike Sportswear, Jordan Brand, and Greater China. Nike's gross margin improved to 42.8%, driven by supply-chain actions and lower SG&A expenses. The company expects fiscal 2027 revenue to decline in the high single-digit range, and adjusted EPS guidance is between $1.15 and $1.35, excluding about $0.15 of impact from the Pace restructuring program.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}