Oct 1, 4:15 PM ET
NIKE reported fiscal first-quarter 2027 revenue of $11.2 billion, down 4%, and diluted EPS of $0.48 versus $0.49 a year earlier. The company also announced the Pace multi-year program, with about $1.0 billion of expected pre-tax charges and about $2.5 billion of cumulative savings through fiscal 2031, and guided to a high-single-digit revenue decline for fiscal 2027.
- Q1 revenue $11.2 billion, down 4% reported and 5% currency-neutral; net income $0.7 billion, down 2%
- Pace expected pre-tax charges of about $1.0 billion, plus about $0.3 billion of severance already recognized in fiscal 2026
- Pace expected to deliver about $2.5 billion in cumulative savings through fiscal 2031, before charges and reinvestment
- Fiscal 2027 outlook: revenues to decline high-single digits; adjusted diluted EPS $1.15 to $1.35
Read the filing on SEC.gov ↗
Sep 16, 4:21 PM ET
NIKE's board increased its size to twelve directors and appointed Alexandre Arnault, Deputy CEO of Moët Hennessy at LVMH, as a director effective immediately on September 15, 2026. The filing says his committee assignments have not yet been determined, and he received a $200,000 sign-on award of restricted Class B shares that is forfeitable if he leaves the board before the first anniversary of the grant.
- Board expanded to twelve directors; Arnault's initial term runs to the 2027 annual meeting of shareholders
- Arnault, 34, has been Deputy CEO of Moët Hennessy since February 2025 and has served on the LVMH board since April 2024
- Sign-on award of restricted Class B Common Stock valued at $200,000, granted September 15, 2026
- Committee assignments for Arnault have not yet been determined
Read the filing on SEC.gov ↗
Sep 10, 4:20 PM ET
At its virtual annual meeting on September 8, 2026, NIKE shareholders approved an amended and restated Employee Stock Purchase Plan that increases the Class B shares authorized for issuance under the plan by 16,000,000. Shareholders also elected the board's directors, ratified PricewaterhouseCoopers LLP as auditor for the fiscal year ending May 31, 2027, and rejected both shareholder proposals on the ballot.
- The plan amendment adds 16,000,000 Class B shares; plan approval received 1,081,095,618 votes for and 5,127,600 against.
- Advisory vote on executive compensation: 736,936,017 for, 349,508,277 against, 1,597,298 abstain.
- PricewaterhouseCoopers LLP ratified for fiscal year ending May 31, 2027: 1,175,590,556 for, 58,924,987 against.
- Shareholder proposals on a charitable support report and environmental targets failed, receiving 7,363,988 and 110,862,692 votes for, respectively.
Read the filing on SEC.gov ↗
Aug 10, 4:21 PM ET
NIKE said its Vice President, Chief Accounting Officer and Corporate Controller, Johanna Nielsen, will resign effective September 4, 2026, to pursue another opportunity, and that the resignation is not due to any disagreement with the company. Executive Vice President and CFO David Denton will also serve as Interim Corporate Controller and principal accounting officer until the board appoints a successor, and his compensation is not changing for that role.
- Johanna Nielsen informed NIKE on August 4, 2026 of her intent to resign, effective September 4, 2026.
- The filing states her resignation is not the result of any disagreement with the company over operations, policies or practices.
- David Denton, EVP and CFO, becomes Interim Corporate Controller as of September 4, 2026, and principal accounting officer until a successor is appointed.
- Mr. Denton's compensation is not being adjusted for the interim controller role; his CFO appointment was reported in an 8-K filed June 23, 2026.
Read the filing on SEC.gov ↗
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