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0.000532973519986463 0.00152133580705002 -0.00292292123460962 -0.000590318772137016 -0.000927643784786757 0.0103305785123966 0.0104587620172035 0.00413223140495863
Stock impact report

NIKE Q2 Earnings & Revenues Beat Estimates, Digital Revenues Down 14% [Yahoo! Finance]

Nike, Inc. (NKE) 
Last nike, inc. earnings: 3/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.nike.com/home/default.aspx
Company Research Source: Yahoo! Finance
While the revenues improved on a year-over-year basis, earnings per share (EPS) declined. The company's EPS of 53 cents plunged 32% from the year-ago level but beat the Zacks Consensus Estimate of 37 cents. Revenues of the Swoosh brand owner improved 1% year over year to $12.43 billion and surpassed the consensus estimate of $12.14 billion. On a currency-neutral basis, revenues were flat year over year. Revenues at NIKE Direct were down 8% on a reported basis and 9% on a currency-neutral basis to $4.6 billion. The decline resulted from a 14% decrease in NIKE Brand Digital and a 3% drop in NIKE-owned stores. Wholesale revenues were $7.5 billion, up 8% on a reported and currency-neutral basis, mainly due to growth in North America. NIKE's shares have fallen more than 10% in after-hours trading yesterday. This might be due to sluggishness in the Greater China region and persistent weakness at NIKE Digital. This Zacks Rank #3 (Hold) company's shares have lost 12.7% over the past thr Show less Read more
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