# Nike Q1 2027 Earnings Beat

> Nike's Q1 2027 earnings beat masks revenue decline concerns.
- Title: Nike Q1 2027 Earnings Beat | Shortify
- Summary: Nike's Q1 2027 earnings beat masks revenue decline concerns. Nike reported Q1 2027 EPS of $0.48, beating estimates but revenue dropped 4% to $11.2B amid…
- Keywords: nike, q1 2027, eps, revenue, china, restructuring, 2027, Earnings, Beat, Alphastreet - Earnings Decoded. Market Intelligence Delivered
- Source: Alphastreet - Earnings Decoded. Market Intelligence Delivered — https://news.alphastreet.com/nike-q1-2027-0-48-eps-tops-estimates-deep-dive
- Author: AlphaStreet Newsdesk
- Published: 2026-10-02T12:41:39+00:00
- Read time: 1 min
- Topics: nike, q1 2027, eps, revenue, china, restructuring
## Earnings Surprise
Nike delivered a blockbuster earnings surprise that masked deteriorating top-line momentum.
## Q1 2027 Results
Nike posted GAAP EPS of $0.48 for Q1 2027, crushing analyst expectations.
## Revenue Decline
Revenue dropped 4% to $11.2B, marking the company’s continued struggle to reignite growth.
## China Vulnerability
Greater China revenue plummeted 26% to $1.18B, raising strategic questions about competitive positioning.
## Restructuring Costs
Implementing the 'Pace' program requires $1 billion over its life plus $300 million in severance costs.
## Market Reaction
The stock traded largely unchanged, suggesting investors focused on revenue weakness rather than earnings beat.
## Key takeaway

Nike reported Q1 2027 EPS of $0.48, beating estimates but revenue dropped 4% to $11.2B amid China's 26% revenue decline.