# Nike stock sinks as revenue misses estimates, expects to cut jobs

> **Newsylist Open Intelligence Dossier** · First detected: 2026-10-02 00:29 UTC · Category: Business · Sources: 5 · Current Velocity: 3.91

## Key People, Organizations & Locations
Nike

## Multi-Source Evidence Table
| Source Outlet | Headline | Published (UTC) | Verification URL |
|---|---|---|---|
| Yahoo Finance | Update: Nike Fiscal Q1 Earnings, Revenue Fall; Shares Drop Premarket | 2026-10-01 21:46 | [Source Link](https://news.google.com/rss/articles/CBMinAFBVV95cUxOZkVtdTU2bHVEX0dyMjIydGotNXg5S1JmNkF3ak1ZeklBLVNyYjVLdFN4Z194endzc18zY2l5c20zb3hVcFlFV0pGYkRCVnJIV1NpeEFlREJ2Vm1rZUFqYWdxd2MwWVpaRk5SZzFXVlVDV1hZeDJreGs3RTZMVER2SWR5cjdVNVAxeEpsdTlVMy1lckpwRDZUS2ZqWjk?oc=5) |
| Yahoo Finance | NKE Q3 Deep Dive: Deliberate Resets Weigh on Revenue as Nike Focuses on Long-Term Health | 2026-10-01 21:46 | [Source Link](https://news.google.com/rss/articles/CBMilwFBVV95cUxPS3FEZUF4T3FSNFNVeF9BbE14SEpvNmZVbFlHVnJYRU5waGNaWUFpTHB2V243ZFl2cUN5X0kzcHlPTllqOTdmY0pGTUFVNXlYNmYxUE1vTlJaN0tHZmw4ZlFIZW14cVRsMnNteHZjTG5LSE5JalhrYVRmZzlMa2JZaUZjLTRhR2o5ZW5LenRMcWxxQjZYV0ZF?oc=5) |
| Fox Business | Nike plans job cuts under sweeping restructuring plan | 2026-10-01 21:46 | [Source Link](https://news.google.com/rss/articles/CBMikgFBVV95cUxNaDJBRjFoX1BnNVZxdEVRcEF3VFpqVTlCZTQzMjY0YTVIVnJyQlljZ0c0ZXY2TV90b1E0TG9QNnRVMzRtaHpBdFIyc2xHNm01THQ0dlZxYXBTbkJEb1VIenhVYVBmVHdBMnlVbmNkUTl0X3ZCWEFuMGoxSWU4TlZJaDVDZ1BITnRsQWJDSzhuRUxNZ9IBlwFBVV95cUxQTldJUkgwNHlQUkduTTRTYkFUaEFkV3RNbXFFNmdnWTdqZDBKVjF4dGJlNFUwdVVDT3RBdDgyX1MzbG5wX253cGgxLV9pZGdteTZ5TWlkQU02anZMalBuRTQwYWF2NFRFczV6dmVfUHNzWnJpSnZJNGxFd1h2cE1LZjYzcVlveUgyeWtBbWIxT2NJQ0NjRDFZ?oc=5) |
| Yahoo Finance | Nike plans job cuts as it forecasts lower sales | 2026-10-01 21:46 | [Source Link](https://news.google.com/rss/articles/CBMimgFBVV95cUxPRjVnaGF3VHBJYUlQdE02TF8xRlZDYXgzWm5nTTJNLUYyR2FSZWJxZXdfNFVycmZsRG42c0V2T1hDSVdHRmp2RnVZMGdpWU56N1d3SGt1ZmZhWng2Y1Z5Znl4c1NXRFd2cVhEUmpDeWptVGhGcy1lekNBRlgza29wNzhQWkNsWXNYWjJCQm1McjNHSVJqd3VfdTZR?oc=5) |
| Forbes | Nike Stock’s Turnaround Just Became A $2.5 Billion Retreat | 2026-10-01 21:46 | [Source Link](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQV2NzMXhJTzJ3OWw5Y0I0cjlWWVEwbW4xNEo0amRtMzNfczZjaGlCVlBOZVZWbWdpQlZPU3ZBVFBBdDF6aUhnbGRDenVlQlYtNG9ocE9rbFY2UFE3MTA3LWZyY3I3ZE9OT0E3M2Fkd0FLd21XbVc5bUtwZUF1MEdPeVZTWXpBZU1KNkJLc3V5X3dZdzR0ZzZDdEk4bkdHY1BMelNpdTZzVzk?oc=5) |
| WSJ | Nike Plans a Smaller Company as Sales Slide Deepens | 2026-10-01 21:46 | [Source Link](https://news.google.com/rss/articles/CBMiugFBVV95cUxOVURNQnYxSXZNcGJXeFZBUjR3cHZzZXdVXzNBNXFfR3Vidm00eFhrNlNfak9qZ1dhQ2tQU01CeWt6S1AzUXFRMk85SDVIbXNXU0pOU3FWMnEzWDhiVl83OWp0Wk01c0kxTVN6THBRQkJtU1p2OU1Bd2dNZ3ByeHFRYUduSjlXNWlPaHZpaC00ZnA1azU2cTRvU0l6b0lnMm1SZUxKTkNma1NRRVdfTXdzc1RIdTF6d0FaMWc?oc=5) |
| finance.yahoo.com | Nike stock sinks as revenue misses estimates, expects to cut jobs | 2026-10-01 21:46 | [Source Link](https://news.google.com/rss/articles/CBMivgFBVV95cUxPYXRicUlOb3RzalpFbGZoQXFjQ2w4d282UDBQWkdJNEVEdGdNaExNemx3TWZjdmtOcEk2SnEzRFZyd0l0eHdwbUJBY1pYcHV1NkVqbHpPa0pvMlFtbDlKdjl5eTFHeTlpMlpUbFAxeENYOWNJZjdycC1tVVRyYmEwLWtaSEZ2LXN3ZkgyTmtkSmxucGlKcjRUMDYwVmxSekFvbkVyem5jZDdoenR0VVBUeERIUFBsbWlWSEo0dEx3?oc=5) |

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*Canonical Source: https://www.newsylist.com/trend/2026-10-02/nike-stock-sinks-as-revenue-misses-estimates-expects-to-cut-jobs*
*Synthesized by Newsylist Open Intelligence Engine under E-E-A-T journalistic standards.*