Nike (NKE.US) first-quarter revenue was $11.2 billion, as it continues to advance its business reset.

Zhito Finance APP has learned that on October 2 Beijing time, Nike (NKE.US) released its financial report for the first quarter of fiscal year 2027. The report shows that global revenue for the quarter was $11.2 billion. Among this, direct-to-consumer business revenue was $4.1 billion, down 8% on a reported basis; wholesale business revenue was $6.8 billion, down 1% on a reported basis. Nike Group inventory assets were $7.8 billion, a decrease of 3% compared with the same period last year; Nike Greater China revenue was $1.180 billion.