NIKE, Inc. Class B (NKE.US) first-quarter revenue of $11.2 billion, continuing to advance business restructuring.
NIKE released its financial results for the first quarter of fiscal year 2027.
Beijing time, October 2 NIKE, Inc. Class B (NKE.US) released its first-quarter fiscal 2027 financial results. The report shows quarterly global revenue of $11.2 billion. Of that, NIKE Direct revenue was $4.1 billion, down 8% on a reported basis; wholesale revenue was $6.8 billion, down 1% on a reported basis. NIKE, Inc. Class B group inventory assets stood at $7.8 billion, down 3% from the same period last year; NIKE, Inc. Class B Greater China revenue was $1.18 billion.
NIKE, Inc. Class B's running business once again achieved double-digit growth and continued to gain market share. The global football business, driven by World Cup momentum, achieved strong double-digit growth across all four regional markets. The training business achieved global growth led by female consumers. The basketball business achieved double-digit growth in North America, and the sport is expected to continue its growth momentum in the second quarter. In addition, both the tennis and golf businesses achieved double-digit growth.
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