Nike Q1 2027 Revenue and Net Income Decline
NKE Nike Inc
$37.30 -2.66%
View chart & analysis → - 1Nike reported Q1 2027 revenue of $11.2 billion, representing a 4% year-over-year decline in Q1 2027 revenue.
- 2Nike reported Q1 2027 net income of $712 million, representing a 2% year-over-year decline in Q1 2027 net income.
- 3CFO David Denton stated that the company has the support to maintain and ultimately grow dividends under all scenarios.
So what's the key point?
Nike's revenue and profit decreased compared to last year. However, the company says it can continue to maintain or increase the dividends paid to shareholders.
Source The Motley Fool +1 · View original ↗
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