8-KItem 2.02 · Results of OperationsItem 2.05 · Exit/Disposal CostsItem 9.01 · Financial Statements
Nike Launches Pace Program With $1 Billion in Charges and $2.5 Billion in Savings
Filed with the SEC on · Summarized by InvestorsBot
Nike announced Pace on October 1, 2026, a multi-year restructuring and operating-model program covering supply-chain changes, a new India campus, a shift to three geographies and further workforce streamlining. The company expects approximately $1.0 billion in additional pre-tax charges through fiscal 2031, including about $0.3 billion in fiscal 2027, while targeting roughly $2.5 billion in cumulative savings; fiscal 2027 revenue is expected to decline by high-single digits.