NIKE, Inc. (NKE): restructuring charge — Nike approves $300M restructuring plan with Q3 FY2026 charge

NIKE, Inc.

Pre-tax charges of ~$300M for nine months ended Feb 28, 2026, mainly employee severance.
Substantially all charges to be recognized in Q3 fiscal 2026.
Company continues evaluating opportunities; additional charges possible in future quarters.

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

NIKE, Inc. announced a restructuring with charges of pre-tax charges of approximately $300 million (primarily associated with employee severance costs).

Type: restructuring
Charge: pre-tax charges of approximately $300 million
Headcount: primarily associated with employee severance costs

Exact text from the filing

On February 27, the Company’s management approved a plan to implement certain organizational changes, which together with previously approved actions, are expected to result in pre-tax charges of approximately $300 million for the nine months ended February 28, 2026, primarily associated with employee severance costs

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7 restructurings & charges filed in the last 30 days. Browse all restructurings & charges →

NIKE, Inc. filing history →

Source: SEC EDGAR

accession 0000320187-26-000017

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