Q4 2026 Nike Inc Earnings Call Transcript
Key Points
- Nike Inc (NKE) reported mid-single-digit growth in its performance business, driven by a renewed focus on sport and athlete success.
- The company achieved five consecutive quarters of double-digit growth in its Nike running segment, adding approximately $1 billion to the business.
- Nike Inc (NKE) saw double-digit growth in wholesale revenue in North America, contributing to a 4% increase in overall wholesale revenue for the fiscal year.
- The integrated marketplace strategy is showing progress, with significant investments in physical retail spaces and a focus on elevating user experiences in Nike Direct.
- Nike Inc (NKE) is making structural improvements in its supply chain, aiming to lower costs and streamline operations, which is expected to enhance profitability.
- Nike Sportswear and Jordan streetwear segments continue to face challenges, with sell-through rates remaining low and impacting future order books.
- The company is operating in a complex macro environment, with added pressure on traffic and discretionary spending across geographies.
- Nike Inc (NKE) reported a decline in revenue in Greater China, EMEA, and Converse, with overall revenues down 1% on a reported basis for the quarter.
- Nike Direct saw a 9% decline, with Nike Digital and Nike stores both experiencing significant drops in sales.
- The company is facing a challenging operating environment, with a deceleration in retail sales trends observed by mid-April, particularly affecting the Sportswear segment.
Good afternoon, everyone. Welcome to Nike, Inc's fourth-quarter fiscal 2026 conference call.
For those who want to reference today's press release, you'll find it at investors.nike.com.
Leading today's call is Paul Trussell, VP of Corporate Finance and Treasurer. I'd now like to turn the call over to Paul Trussell.
Thank you, operator. Hello, everyone. Thank you for joining us today to discuss Nike, Inc's fourth-quarter fiscal 2026 results.
Joining us on today's call will be Nike, Inc's President and CEO, Elliot Hill; and EVP and CFO, Matt Friend.
Before we begin, let me remind you that participants on this call will make forward-looking statements, based on current expectations. Those statements are subject to certain risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties are detailed in Nike's reports, filed with the SEC.
In addition, participants may discuss non-GAAP financial
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