secwatch.observer — SEC 8-K summary
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Issuer:     NIKE, Inc. (NKE)
CIK:        0000320187
Form:       8-K
Filed at:   2026-10-01T20:15:15+00:00
Accession:  0000320187-26-000184
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 2.05, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Nike announces Pace restructuring with $1.0B pre-tax charges and $2.5B savings target through fiscal 2031
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- NIKE announced the multi-year Pace program on October 1, 2026, building on the March 2026 cost realignment plan.
- Pace is expected to incur about $1.0 billion in pre-tax charges, in addition to about $0.3 billion of severance costs recognized in fiscal 2026.
- NIKE expects about $0.3 billion of charges in fiscal 2027, with the remainder through fiscal 2031, and about $2.5 billion in cumulative savings through fiscal 2031.
- The program includes optimizing the global supply chain, establishing a new campus in India, and realigning the operating model into three geographies.
- NIKE also disclosed financial results for the fiscal quarter ended August 31, 2026 in a same-day press release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/320187/000032018726000184/0000320187-26-000184-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/320187/000032018726000184/nke-20261001.htm
  HTML page:      https://secwatch.observer/filing/0000320187-26-000184

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