Nike's Earnings Are a Disaster. Run -- Don't Walk -- Away From This Stock.

Nike reported a 4% revenue decline in fiscal Q1 2027 with guidance suggesting worse declines ahead. The company faces significant challenges including a 26% revenue drop in China, stalled growth in developing markets, and a dangerously high 85.7% dividend payout ratio that threatens dividend sustainability. With layoffs underway and minimal capital for reinvestment, the stock appears headed for further deterioration.