WS #15233
Nike reported mixed Q1 results and issued FY27 adjusted EPS guidance below estimates, causing shares to fall to a 13-year low. Analysts have lowered price targets, with Stifel cutting its PT to $36. The selloff reflects deep concerns about consumer demand destruction and margin compression in the apparel sector, serving as a bearish indicator for the broader consumer discretionary space.
Nike Earnings & Consumer Weakness
Nike reported mixed Q1 results and issued FY27 adjusted EPS guidance below estimates, causing shares to fall to a 13-year low. Analysts have lowered price targets, with Stifel cutting its PT to $36. The selloff reflects deep concerns about consumer demand destruction and margin compression in the apparel sector, serving as a bearish indicator for the broader consumer discretionary space.