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    <title>Flip News — nike news</title>
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    <description>The latest Flip News stories on nike.</description>
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    <lastBuildDate>Sun, 04 Oct 2026 21:23:25 GMT</lastBuildDate>
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      <title>Nike beats Q1 profit estimates but warns of steeper sales fall this year</title>
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      <pubDate>Fri, 02 Oct 2026 00:00:00 GMT</pubDate>
      <description>Nike's first-quarter profit beat expectations, but the sportswear giant warned full-year revenue will fall by a high-single-digit percentage, sending shares down in after-hours trading.</description>
      <author>Priya Raman</author>
      <category>nike</category>
      <category>earnings</category>
      <category>china</category>
      <source url="https://www.investopedia.com/nike-says-business-will-get-worse-before-it-gets-better-the-stock-is-sliding-nke-12152912">Investopedia / AskTraders</source>
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      <title>Nike shares tumble after revenue miss as 'Pace' overhaul brings layoffs</title>
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      <pubDate>Fri, 02 Oct 2026 00:00:00 GMT</pubDate>
      <description>Nike missed first-quarter revenue expectations, forecast a high-single-digit full-year sales decline, and unveiled a 'Pace' operating model with $2.5bn of savings and job cuts starting in 2027.</description>
      <author>Priya Raman</author>
      <category>nike</category>
      <category>earnings</category>
      <category>layoffs</category>
      <category>greater-china</category>
      <category>sportswear</category>
      <source url="https://nypost.com/2026/10/02/business/nike-shares-tumble-6-on-dismal-revenue-forecast-layoff-plans/">New York Post</source>
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      <title>Nike plans to become &quot;a smaller company&quot; with deeper job cuts</title>
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      <pubDate>Fri, 02 Oct 2026 00:00:00 GMT</pubDate>
      <description>Nike CEO Elliott Hill told staff the company will become &quot;a smaller company&quot;, with decisions on job cuts beginning in 2027 as four regions merge into three and full-year sales are forecast to fall.</description>
      <author>Priya Raman</author>
      <category>nike</category>
      <category>restructuring</category>
      <category>china</category>
      <source url="https://www.wsj.com/business/earnings/nike-projects-sales-decline-this-year-after-lower-first-quarter-revenue-3b845fa0">Wall Street Journal / Reuters</source>
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