Designs and sells athletic shoes, clothes, and sports gear under Nike, Jordan, and Converse brands.
NIKE, Inc. dovrebbe presentare i prossimi risultati il 1 ottobre 2026, dopo la chiusura. La data proviene dal calendario dei risultati di Nasdaq e le società a volte la spostano.
L’ultimo trimestre disponibile per NIKE, Inc.
Il trimestre chiuso il 31 maggio 2026, contro lo stesso trimestre di un anno prima.
Misura
3 mesi al31 mag 2026
3 mesi al31 mag 2025
Variazione
Ricavi totali
11B USD
11,1B USD
-1,13%
Utile
1,1B USD
211M USD
+406,64%
Utile per azione
0,72 USD
0,14 USD
+414,29%
Flusso di cassa libero
1,5B USD
363M USD
+312,95%
Questi sono singoli trimestri, non un anno mobile: le cifre altrove sul sito coprono dodici mesi e saranno molto più grandi. Un’attività stagionale oscilla parecchio tra i due: ServiceNow genera 2,0 mld $ di flusso di cassa libero nel trimestre di dicembre e 0,5 mld $ in quello di giugno.
Confrontato con lo stesso trimestre di un anno prima, non con una previsione degli analisti. Un «beat» o un «miss» richiede una stima di consenso, che è un dato in licenza che non abbiamo — e sbagliarla è peggio che ometterla.
Conference call sui risultati
Un breve riepilogo di ogni conference call — cosa ha mostrato il trimestre, cosa si aspetta il management e se ha mantenuto quanto detto l’ultima volta — con la trascrizione completa sotto.
L’ultima conference call
Conference call Q4 FY2026
Tenuta il 30 giugno 2026
Il riepilogo dell’ultima conference call di NKE è aperto a tutti come esempio. I riepiloghi delle conference call precedenti fanno parte di Pro.
Conference call precedenti
Conference call Q3 FY2026Tenuta il 31 marzo 2026ProApriChiudi
Conference call Q2 FY2026ProApriChiudi
Conference call Q1 FY2026ProApriChiudi
Conference call Q4 FY2025Pro
Source: Yahoo Finance, transcribed by Quartr. Speaker names and roles are as transcribed; analysts are sometimes unnamed.
ApriChiudi
I riepiloghi delle conference call precedenti fanno parte di Pro.
Conference call Q3 FY2025ProApriChiudi
I riepiloghi delle conference call precedenti fanno parte di Pro.
Conference call Q2 FY2025ProApriChiudi
I riepiloghi delle conference call precedenti fanno parte di Pro.
Conference call Q1 FY2025ProApriChiudi
I riepiloghi delle conference call precedenti fanno parte di Pro.
I riepiloghi delle conference call precedenti fanno parte di Pro. Scopri Pro
I riepiloghi delle conference call precedenti fanno parte di Pro. Scopri Pro
I riepiloghi delle conference call precedenti fanno parte di Pro. Scopri Pro
Q4 FY2026 gross margin rose to 49.2%, including tariff recovery, but revenue fell 1% as NIKE Direct weakened.
Q4 FY2026 revenue was $10.97B, down 1% year over year; net income was $1.07B, versus $211M in Q4 FY2025. Q4 FY2026 reported gross margin was 49.2%, but excluding tariff recovery it was 40.2%, down 10 basis points. The main question is whether inventory cleanup and tighter retailer shipments can support margins without extending revenue declines; management expects Q1 FY2027 margin expansion and lower revenue through Q2 FY2027.
I numeri che contavano
Revenue
$10.97B
Down 1.1% year over year · Q4 FY2026, ended May 31, 2026
Full-year FY2026 revenue was $46.40B, up 0.2%.
I nostri dati
Net income
$1.07B
Up 406.6% year over year · Q4 FY2026, ended May 31, 2026
Q4 FY2025 net income was $211M.
I nostri dati
Free cash flow
$1.50B
Up 312.9% year over year · Q4 FY2026, ended May 31, 2026
Full-year FY2026 free cash flow was $2.18B, down 33.2%.
I nostri dati
Gross margin
49.2%
Up 890 basis points year over year · Q4 FY2026
Excluding tariff recovery, Q4 FY2026 margin was 40.2%, down 10 basis points.
Conference call Q4 FY2026
Wholesale versus NIKE Direct
Wholesale up 1%; NIKE Direct down 9%, including digital down 12% and stores down 7%
Year over year · Q4 FY2026
Wholesale grew while digital and store revenue declined.
Conference call Q4 FY2026
Inventory
$7.5B, flat year over year
Flat year over year · FY2026, as of May 31, 2026
Higher units were offset by product mix.
10-K per il 31 mag 2026
Greater China revenue
Down 17%
Year over year · Q4 FY2026
In-season trends improved sequentially, but marketplace cleanup continued.
Conference call Q4 FY2026
Cosa si aspetta il management
Misura
Previsione
Rispetto all’ultima previsione
RevenueQ4 FY2026 through Q2 FY2027 (cumulative outlook)
Down low to mid single digits
Abbassata
EarningsQ4 FY2026 through Q2 FY2027 (cumulative outlook)
Flattish, excluding tariff-recovery benefit
Confermata
RevenueQ1 FY2027
Reported revenue down low to mid single digits
—
Gross marginQ1 FY2027
Slightly positive
Alzata
SG&A dollarsQ1 FY2027
Flat
—
Cosa va bene· 3
Nike Running delivered five consecutive quarters of double-digit growth, adding roughly $1 billion over that period.Conference call Q4 FY2026
Q4 FY2026 inventory was flat year over year, and management reported progress addressing aged inventory in Greater China.Conference call Q4 FY202610-K per il 31 mag 2026
Q4 FY2026 SG&A fell 2% year over year while management accelerated World Cup investment.Conference call Q4 FY2026
Rischi· 4
Cosa è cambiato dall’ultima conference call
Revenue guidance for Q4 FY2026 through Q2 FY2027 moved from down low single digits to down low to mid single digits.Conference call Q3 FY2026Conference call Q4 FY2026
Gross-margin expansion was expected to begin in Q2 FY2027 last quarter; management now expects expansion beginning in Q1 FY2027.Conference call Q3 FY2026Conference call Q4 FY2026
The FY2026 10-K no longer repeats the prior filing’s figure that NIKE Direct represented approximately 42% of FY2025 NIKE Brand revenue.10-K per il 31 mag 2026
Chiesto e senza risposta
Domanda: An analyst asked whether North America wholesale growth of 10% in Q4 FY2026 reflected stronger retailer shipments.
Scritto dall’IA il 23 set 2026 sulla base della trascrizione di questa conference call, di quella precedente, del rapporto della società per lo stesso periodo e dei nostri dati tratti dai documenti depositati presso la SEC. Ogni voce indica le proprie fonti e ogni citazione su cui si basa il riepilogo è stata verificata sul testo — i numeri possono comunque contenere errori.
Un riepilogo di quanto detto e depositato, non una raccomandazione di comprare o vendere alcunché. I riepiloghi sono scritti in inglese.
Tax rateFY2027
Low 20% range
—
Incremental tariff ratesThrough the end of July, then thereafter
10% through the end of July and 15% thereafter
Confermata
Le previsioni dello scorso trimestre sono state rispettate?
Misura
Previsto
Effettivo
Esito
Revenue
Q4 FY2026: down 2%–4%
Q4 FY2026 reported revenue: down 1%
Sopra
Greater China revenue
Q4 FY2026: down approximately 20%
Q4 FY2026: down 17%
Sopra
Gross margin
Q4 FY2026: down approximately 25–75 basis points
Q4 FY2026 reported gross margin: up 890 basis points, including tariff recovery
Sopra
SG&A dollars
Q4 FY2026: flat to down slightly
Q4 FY2026: down 2% on a reported basis
Entro
PersistenteQ4 FY2026 NIKE Direct revenue fell 9%, including a 12% decline in Nike Digital; management said consumer pressure weighed on traffic and spending.Conference call Q4 FY2026
PersistenteGreater China revenue fell 17% in Q4 FY2026, while Direct fell 14% and wholesale fell 19%; marketplace cleanup remains underway.Conference call Q4 FY2026
PersistenteSportswear declined double digits in Q4 FY2026, and management expects Sportswear and Jordan streetwear to remain negative in FY2027.Conference call Q4 FY2026
PersistenteQ4 FY2026 gross margin included a 900-basis-point tariff-recovery benefit; the FY2027 forecast assumes 10% tariffs through July and 15% thereafter.Conference call Q4 FY2026
Potenziale· 3
Management sees supply-chain changes as a route to FY2027 margin expansion and a longer-term return to double-digit margins.Richiede: Facility, workforce, and product-flow changes must deliver structural supply-chain cost reductions. · FY2027 and longer termConference call Q4 FY2026
Management reported high-single-digit revenue growth in Greater China doors where Nike invested.Richiede: Continued investment in priority doors must produce stronger consumer response as inventory is cleaned up. · Near termConference call Q4 FY2026
Management expects FY2027 growth to broaden beyond Running into Training, Basketball, and ACG.Richiede: Nike must scale its Sport Offense across more sports; management said progress will remain uneven. · FY2027Conference call Q4 FY2026
Risposta data: Management said shipments were not up 10%; lower returns or reserves, discounts, and cancellations contributed meaningfully.
Conference call Q4 FY2026
Domanda: An analyst asked for Q4 FY2026 demand trends by performance and Sportswear and for the preferred mix.Risposta data: Management declined to break out demand by category and said consumers, not a preset target, would determine the mix.Conference call Q4 FY2026
Cosa seguire nella prossima conference call
1Q1 FY2027 revenue and gross-margin results against guidance.
2Q2 FY2027 revenue trajectory and progress on marketplace inventory cleanup.
3Greater China demand, Sportswear and Jordan trends, and NIKE Direct digital performance.
