NKE - Nike Q1 Earnings Spotlight: EPS Beats As North American Sales Slide Shares Move Higher | Benzinga
Nike Inc (NYSE: NKE) reported first-quarter financial results after the close Thursday. Here's a look at the key metrics from the quarter.
What Happened: Nike said fiscal first-quarter revenue increased 2% year-over-year to $12.939 billion, which missed the consensus estimate of $12.98 billion, according to Benzinga Pro. The athletic footwear and apparel company reported quarterly earnings of 94 cents per share, which beat analyst estimates of 74 cents per share.
North America sales were down about 2% year-over-year. Greater China sales were up about ...