Nike, Inc. (NYSE: NKE) shares are trading lower in Thursday's after-hours session after the company reported its second-quarter financial results. Here's a overview of the company's performance during the quarter.
What To Know: Nike reported reported quarterly earnings of $1.03 per share, surpassing analyst expectations of 85 cents. The figure marks a 21.18% increase over earnings of 85 cents per share from the same period last year.
Revenue of $13.39 billion disappointed however, missing the Street's estimate of $13.43 billion, a 0.55% increase over sales of $13.31 billion from the same ...