Nike reported stronger than expected Q2 2022 results after the close Monday. Nike’s consumer demand in $NKE’s biggest market North America, was vigorous. Business in China remains pivotal with varying backlash in China amid global tensions saw sales down 20%. Nike’s strong digital revenue growth continued. Nike Inc NYSE: NKE Reported Earnings After Close Monday 83 cents vs $0.63 EPS and $11.36 billion $11.25 Billion forecast in revenue. Earnings Preview Q2 2022 results after the close; conference call at 5 p.m. … Continue reading “Nike Earnings Beat on Vigorous North American Sales”
Nike reported a surprise loss for the quarter May 31 2020 after the close Thursday. $NKE saw strong digital revenue growth but gross margin pressure and selling and administrative expense gains with inventory buildup hurt results.
Nike reported stronger earnings than expected for the fiscal second quarter of 2020 after the close Thursday. $NKE saw strong revenue growth, gross margin expansion, selling and administrative expense leverage, lower tax rate and lower average share count.
Nike reported stronger earnings than expected earnings for the fiscal first quarter of 2020 after the close Tuersday with better sales in North America and China with digital sales up 45%. $NKE shares traded up 5.5% to a record high of $92.25.
Nike reported stronger earnings than expected after the close Thursday however weaker-than-expected sales in North America during its fiscal third quarter and lower margins than expected saw $NKE shares fall about 4.5% after closing at a record high of $88.01.
Nike reported much stronger earnings than expected after the close Tuesday however lower margins than expected saw $NKE shares fall about 3.5%. Nike has been courting controversery over its controversial advertisement featuring former NFL player Colin Kaepernick.
Nike reported much stronger earnings than expected after the close Thursday. $NKE shares spiked 6% higher on a recovery in the North American segment, a $15 billion share buyback with strong guidance going forward.
Nike reported much stronger earnings than expected after the close Thursday. $NKE shook off controversary and concerns over Adidas growth in the U.S. with strong guidance going forward.
Nike $NKE reports earnings after the close Thursday, one of the last for 2017. Nike shares were hurt earlier by the falling popularity of NFL but have since recovered on better than expected Foot Locker $FL sales.
Foot Looker $FL has followed fellow sporting goods retailer Dicks Sporting Goods with a distastrous second quarter earnings report sending the stock down 21% premarket. FL missing expectations by 28 cents. Online retailing hitting sales.