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A line of people adorned with Caitlin Clark merchandise stretched down the block in the rain, all waiting for the opening of a large, light yellow trailer. The trailer reads, “Nothing to see here*,” but the back of the t...

NIKE (NYSE:NKE) said its first-quarter fiscal 2027 results met its expectations, as growth in its performance categories was offset by continued weakness in Sportswear, Jordan Brand and Greater China. The company reporte...

Some employees who serve the Asia Pacific and Greater China region will “move closer to the athletes and markets they serve,” Nike said.

Nike restructuring to move some Oregon jobs overseas

Nike shares fell another 6% after the company reported a 5% revenue dip in the first quarter of fiscal 2026, missing expectations. Nike introduced a new program, Pace, which will involve layoffs.

Nike's turnaround efforts have been bolstered by the launch of Pace, a new program intended to drive $2.5B in cost savings.

Following a 4 percent drop in quarterly sales, Nike is overhauling global operations under its new “Pace” plan — a move that includes job cuts that will cost the company $300 million in severance.

Nike plans to cut an undetermined number of jobs and establish a new campus in India as it seeks to accelerate a turnaround following another downcast quarter.Nike plans a new campus in Bengaluru, India, which will repre...

Nike plans to cut an undetermined number of jobs and establish a new campus in India as it seeks to accelerate a turnaround following another downcast quarter.Nike plans a new campus in Bengaluru, India, which will repre...

Nike had a gloomy earnings report on Thursday, reporting year-over-year revenue declines of 4%. But, one of the few bright spots was running.

Nike enters FY '27 with worsening fundamentals and with margins at risk despite temporary logistics relief. Click to read more on NKE stock rating downgrade.

Changes to the company's operations "will result in fewer roles across Nike," wrote president and CEO Elliott Hill.

Earnings call transcript: Nike posts Q1 2026 EPS beat, shares sink on weak sales

On Thursday, Nike (NYSE:NKE) discussed first-quarter financial results during its earnings call. The full transcript is provided below. This transcript is brought to you by Benzinga APIs. For real-time access to our

Dana Tesley, Tesley Advisory Group founder and CEO, joins 'Fast Money' to talk Nike earnings as the stock hits 13-year-lows on mixed earnings.

Nike CEO Elliott Hill has announced that the Jordan Retro business will scale down the number of releases. Find details here.

Nike announced workforce reductions starting in 2027 under a restructuring plan expected to yield $2.5 billion in savings through fiscal 2031.

Nike reported quarterly results on Thursday.