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NKE changes

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View the full Nov 12, 2026 version
Price
$38.67 → $38.32(−0.9%)
Recent events
added: Nov 9, 2026: Nike named Dan McKenzie, who retired from Nike in July 2026 after more than 19 years in finance roles, as its principal accounting officer from November 9, 2026. CFO David Denton stopped serving as interim corporate controller and principal accounting officer on that date. Oct 1, 2026: Nike reported Q1 fiscal 2027 results. Revenue fell 4% to $11.2 billion, and diluted EPS was $0.48. Gross margin rose 0.6 points to 42.8%. North America revenue rose 2%, and Greater China revenue fell 22%. Nike announced Pace, a program that changes its operating model. It expects savings of about $2.5 billion through fiscal 2031 and pre-tax charges of about $1.0 billion. For fiscal 2027, Nike expects revenue to fall by a high single-digit percentage and adjusted EPS of $1.15 to $1.35. Sep 15, 2026: Nike increased its board to twelve directors and appointed Alexandre Arnault, Deputy Chief Executive Officer of Moët Hennessy, as a director. Jun 30, 2026: Nike reported fiscal 2026 results. Revenue was $46.4 billion, flat on a reported basis, and diluted EPS fell 3% to $2.10. Q4 diluted EPS was $0.72, including a benefit of $0.52 per share from the expected recovery of $986 million of IEEPA tariffs. Nike Direct revenue fell 6% in the year, and Converse revenue fell 31%. Jun 23, 2026: Nike named David Denton, the former Chief Financial Officer of Pfizer and Lowe's, as its Chief Financial Officer from August 2026. He replaced Matthew Friend. Mar 31, 2026: Nike reported Q3 fiscal 2026 results. Revenue was $11.3 billion, flat on a reported basis, and gross margin fell 1.3 points to 40.2% because of higher tariffs. Diluted EPS fell 35% to $0.35. The quarter included pre-tax charges of about $300 million, mainly for employee severance. Dec 18, 2025: Nike reported Q2 fiscal 2026 results. Revenue rose 1% to $12.4 billion, and wholesale revenue rose 8%. Nike Direct revenue fell 8%, gross margin fell 3.0 points to 40.6%, and diluted EPS fell 32% to $0.53.