Nike shares fell more than 8% in U.S. premarket trading, according to ChainCatcher. The move came after the company said it expects full-year revenue to decline and reported that sales for the first quarter of fiscal 2027 missed expectations. The update pointed to weaker near-term performance and weighed on the stock before the opening bell. No other financial details were provided in the source note.
Nike fell more than 8% in U.S. premarket trading, according to ChainCatcher.
The company said it expects full-year revenue to decline, while sales for the first quarter of fiscal 2027 came in below expectations.
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