NKE - These Analysts Cut Their Forecasts On Nike Following Q3 Results | Benzinga
Nike Inc (NYSE: NKE) reported upbeat earnings and sales results for its third quarter on Thursday.
Nike reported third-quarter revenue of $12.429 billion, which was up slightly year-over-year. The revenue total beat a Street consensus estimate of $12.281 billion according to data from Benzinga Pro. Nike reported adjusted earnings per share of 98 cents, which beat a Street consensus estimate of 74 cents per share.
The company reported that Nike Direct revenue was $5.4 billion, up slightly year-over-year. Nike Brand Digital sales were down 3% year-over-year in the quarter. Wholesale revenue of $6.6 billion was ...