business

1. October 1, 2026News3 receipts3 min

   NIKE's 8-K says its new Pace restructuring plan is expected to add about $1 billion in charges, mostly employee costs, through fiscal 2031

   NIKE, Inc. filed an 8-K on October 1 disclosing both a new restructuring program called Pace and its fiscal 2027 first-quarter results. The company expects about $1.0 billion in additional pre-tax charges, mostly employee severance and other employee-related costs, split between fiscal 2027 (about $0.3 billion) and the years through fiscal 2031, on top of $0.3 billion already recognized in fiscal 2026. Separately, first-quarter revenue was $11.2 billion, down 4 percent, with diluted earnings per share of $0.48. The filing names no specific number of affected jobs or locations.

   Also filed undernikerestructuringsec-filingsearnings

2. September 30, 2026News6 receipts3 min

   Leslie's, the pool and spa retailer, filed for chapter 11 in Texas on September 30 and says it closed about 76 stores; its plan would cancel current shares.

   Phoenix-based Leslie's, Inc. told the SEC on September 30 that it and its subsidiaries filed chapter 11 petitions in the Southern District of Texas. The 8-K says about 76 stores closed September 29 and that Nasdaq plans to suspend trading in the stock October 6. The company's release expects a group of existing lenders to own a majority after it emerges and says gift cards and loyalty benefits will be honored. The 8-K says court approval of the financing had not been obtained.

   Also filed underbankruptcychapter-11retailstore-closuresnasdaqsec-filings

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