Nike Inc.
NIKE, Inc. Reports Fiscal 2026 First Quarter Financial Results
Summary
NIKE, Inc. reported fiscal 2026 first quarter results for the period ended August 31, 2025. Total revenues were $11.7 billion, up 1% year-over-year on a reported basis and down 1% on a currency-neutral basis. Gross margin decreased to 42.2%, primarily due to lower average selling prices and higher tariffs. Diluted earnings per share (EPS) was $0.49, down 30% from the prior year. NIKE repurchased $123 million of its shares under its $18 billion share repurchase program, which has about $5.9 billion remaining. Dividends paid were $591 million, up 6% year-over-year.
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About Nike Inc.
Nike Inc. is a global leader in the design, development, and marketing of athletic footwear, apparel, equipment, and accessories. As a major player in the sports and lifestyle industries, Nike's primary function is to provide high-performance athletic gear that enhances athletic pursuits across various disciplines, including running, basketball, soccer, and tennis, among others. Noteworthy for its innovative product line, Nike consistently pushes the boundaries of sports technology, offering products like the Air Max and Flyknit shoes that integrate advanced materials and design for optimal performance. Beyond physical products, Nike is heavily involved in digital transformation efforts, delivering enhanced experiences through platforms like the Nike Training Club and Nike App. Serving a diverse customer base from professional athletes to everyday fitness enthusiasts, the company maintains a significant presence worldwide. With headquarters in Beaverton, Oregon, Nike also sponsors prominent sports teams and figures, reinforcing its influence on global sports culture.
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