Nike Posts Mixed Q1, Guides FY27 Down, Unveils $2.5B Pace Plan
Nike reported Q1 FY27 revenue of $11.2B and unveiled Pace, an enterprise restructuring plan targeting $2.5B in cumulative cost savings through fiscal 2031.
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Nike reported Q1 FY27 revenue of $11.2B and unveiled Pace, an enterprise restructuring plan targeting $2.5B in cumulative cost savings through fiscal 2031.
Accenture beat Q4 FY26 guidance with $18.7B in revenue, posted $22.2B in bookings, hiked its dividend 5%, and expanded share buybacks by $6B.
Carnival Corporation posted record Q3 2026 net income of $1.9B, achieved investment-grade credit status, and raised full-year operational guidance.
Micron Technology posted record Q4 revenue of $54.23B and full-year net income of $84.97B, driven by AI data center memory demand, guiding Q1 FY27 to $61.5B.
Alaska Air Group mapped out its multi-year roadmap to deliver $1 billion in incremental profit by 2027 and expand intercontinental routes from Seattle.
The U.S. Navy selected Boeing for the F/A-XX contract, cementing its prime contractor role across both U.S. sixth-generation combat aircraft programs.
Bloom Energy added a 158,000-square-foot facility in Fremont to double fuel cell production capacity to 2 GW as AI data center power demand accelerates.
Nvidia expanded its share repurchase program by $150 billion, raising total remaining authorization to $235 billion through fiscal 2028.
Vail Resorts posted fiscal 2026 net income of $147.5M, down 47%, as record-low Western snowfall cut skier visits and early 2026/27 pass units fell 12%.
MongoDB CEO CJ Desai has stepped down to join Meta. Former CEO Dev Ittycheria returns as interim chief as MongoDB reaffirms FY2027 guidance.