Nike (NKE) Stock $38.48 Before the 16-17 November Investor…
By Tobi Opeyemi Amure
AI summary of the source article
Nike shares closed at $38.48 ahead of its upcoming Investor Day on 16 and 17 November. The company reported first-quarter fiscal 2027 revenue of $11.2 billion, down 4 percent, and projects full-year revenue to decline high single digits.
Why it matters
"The current guide tells investors what fiscal 2027 looks like, but not what comes after it. That is the gap the event has to close."
Key facts
- Nike reported first-quarter fiscal 2027 revenue of $11.2 billion, down 4 percent, with diluted EPS of $0.48.
- Full-year fiscal 2027 guidance projects revenue down high single digits and adjusted EPS of $1.15 to $1.35.
- Nike's Investor Day is scheduled for 16 and 17 November to share the next phase of its growth strategy.
Source excerpt · FinanceFeeds
Updated 4 November 2026, during the US pre-market. Nike (NKE) closed Tuesday at $38.48 , down 1.64 percent, and was quoted at $39.50, up 2.65 percent, in pre-market trading on Wednesday (StockAnalysis). The stock is about 44 percent below its 52-week high of $69.14 and 20 percent above its low of $31.97. The next event is Nike's Investor Day on 16 and 17 November, where chief executive Elliott Hil…