Nike reports USD 11.21 billion revenue as Nike stock costs EUR 31.62

Published on 10/15/2026 at 11:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Gross margin rose 60 basis points to 42.8 percent. Nike stock costs EUR 31.62 on October 15, 2026, 0.83 percent above Xetra close.

Margins and dates shape the setup

Nike introduced Pace on October 1, 2026, targeting USD 2.5 billion in savings through fiscal 2031.
Gross margin reached 42.8 percent in the first quarter of fiscal 2027, up 60 basis points.
Nike stock trades at EUR 31.62 at 11:13 a.m. CEST at Lang & Schwarz on October 15, 2026, 0.83 percent above the Xetra close of October 14, 2026.
Nike's next earnings date is December 17, 2026.

Modernes Sportzentrum mit Glasfassade und Stahlkonstruktion bei Sonnenuntergang, Architektur — Nike Inc US6541061031 modernes Sportzentrum mit Glasfassade und Stahlstruktur im warmen Abendlicht fotografiert, Illustration mit AI erstellt.

Nike (ISIN US6541061031) reported USD 11.21 billion in revenue for the first quarter of fiscal 2027, down 4 percent from the prior-year quarter, while its stock was trading at EUR 31.62 at Lang & Schwarz on October 15, 2026 at 11:13 a.m. CEST. The company also introduced Pace on October 1, 2026, a restructuring program aimed at USD 2.5 billion in cumulative savings through fiscal 2031, according to Nike.

Three dates frame the reset

On August 28, 2026, Nike announced its October 1 conference call for fiscal 2027 first-quarter results. On September 16, 2026, the company listed Alexandre Arnault as joining its board. On October 1, 2026, Nike reported USD 11.21 billion in quarterly revenue and USD 0.48 in diluted earnings per share, according to Nike and Nike.

What does Pace mean for margins?

The first-quarter gross margin rose to 42.8 percent from 42.2 percent, a 60-basis-point improvement tied mainly to lower warehousing and logistics costs. That improvement came alongside a 4 percent revenue decline and a 2 percent fall in net income to USD 712 million for the period ended August 31, 2026. Nike expects Pace to deliver USD 2.5 billion in cumulative savings and incur USD 1.0 billion in pre-tax charges through fiscal 2031, according to Nike.

Analysts keep a wide target spread

The operating reset has not produced a uniform view among analysts. Barclays set a USD 37.00 price target and an overweight rating in a report dated October 5, 2026, according to The Stock Observer. Nike's fiscal 2027 outlook calls for revenue to decline by a high-single-digit percentage, while adjusted earnings per share are expected at USD 1.15 to USD 1.35, excluding USD 0.15 of restructuring expenses.

Next results arrive in December

Nike's next earnings date is December 17, 2026, according to Gekko. For investors, the key tension is clear: margin recovery and cost savings must offset weaker demand in Greater China, where first-quarter revenue fell 26 percent on a currency-neutral basis.

Stock stays above the Xetra close

Nike stock was trading at EUR 31.62 at Lang & Schwarz on October 15, 2026 at 11:13 a.m. CEST, up 0.83 percent versus the Xetra close of October 14, 2026 at EUR 31.36. The primary listing is on the NYSE, and the euro quote sits within a 52-week range of EUR 27.90 to EUR 60.52 as of October 15, 2026. The further course of trading is shown by the continuously updated real-time quote of Nike stock.