Nike guides fiscal 2027 revenue down high-single digits; adjusted EPS $1.15 to $1.35

Nike expects fiscal 2027 revenue to decline by a high-single-digit percentage and set adjusted diluted EPS guidance of $1.15 to $1.35. That range excludes about $0.15 of Pace restructuring expense, and the effective tax rate is expected in the mid-20% range. This outlook was the main reason the stock fell after the report, and the company gave no dollar revenue figure.

• Revenue expected to decline high-single digits (no dollar figure given)
• Adjusted diluted EPS $1.15 to $1.35
• Excludes about $0.15 of Pace restructuring expense
• Effective tax rate in the mid-20% range