Nike Inc Class B
NKE: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Lkp | LOCK|S>M | LOCK|%LhKG@!& |
Nike Earnings: Turnaround Stalled, More Restructuring Planned; Shares Under Review
Nike opened fiscal 2027 with a 4% sales decline. Gross margin rose 60 basis points to 42.8% on lower logistics costs, and selling, general, and administrative expenses fell 3% as expense control offset higher sports-related marketing. Shares fell by a high-single-digit rate in postmarket trading.
