$NKE Nike Q1 Earnings
- EPS $0.48, est. $0.44, vs. $0.49 y/y
- Revenue $11.21B, est. $11.33B
- Nike Brand revenue $10.95B, est. $11.09B
- Gross margin 42.8%, vs. 42.2% y/y
- Greater China EBIT $248M, est. $312.2M
- Inventory $7.80B, est. $7.96B
- Expects FY27 revenue to decline high-single digits
- Expects adjusted EPS $1.15 to $1.35 for fiscal 2027