Nike Executive On China Says Expect Some Actions Will Create Pressure On Reported Revenues For The Remainder of FY27; Says Expect Some Items To Represent Headwind Of ~400 Basis Points To Revenues In The Second Quarter

Nike's executive has indicated that actions taken in China are expected to create pressure on reported revenues for the remainder of fiscal year 2027. Specifically, certain items are anticipated to represent a headwind of approximately 400 basis points to revenues in the second quarter.