Verilumia 
Nike Sales Miss Estimates as It Forecasts Fiscal 2027 Decline
Nike reported fiscal first-quarter net sales of about $11.2 billion, down 4% from a year earlier, and forecast revenue will decline by a high-single-digit percentage in fiscal 2027.
Elliott Hill News
Recent Verilumia coverage about Elliott Hill, CEO, President & Director at NIKE, Inc..
- Nike Sales Miss Estimates as It Forecasts Fiscal 2027 Decline
- Nike Appoints LVMH's Arnault to Board Amid Turnaround Struggles
- Miami Hurricanes agree to 10-year Nike deal worth over $200 million
- Nike exits S&P 100 as Dow membership faces scrutiny
Nike Appoints LVMH's Arnault to Board Amid Turnaround Struggles
Nike has appointed Alexandre Arnault, a 34-year-old executive from luxury conglomerate LVMH, to its board of directors as the sportswear giant seeks to reverse a prolonged period of declining sales and market value.
Miami Hurricanes agree to 10-year Nike deal worth over $200 million
The University of Miami has agreed to a 10-year apparel deal with Nike worth more than $200 million, marking a return to the brand that outfitted the Hurricanes for nearly three decades.
Nike exits S&P 100 as Dow membership faces scrutiny
Nike is set to exit the S&P 100 index on September 21, 2026, a move that has intensified speculation about its potential removal from the Dow Jones Industrial Average.
