But sales growth in North America comes in slightly weaker than expected.on Thursday reported quarterly earnings and sales that beat analysts expectations, as more customers flocked to its stores for limited-edition Jordan sneakers and ordered athletic apparel from its website.
Here's how Nike performed during the latest quarter compared with what analysts were expecting, based on Refinitiv data:Revenue: $10.33 billion vs. $10.09 billion expected Net income rose to $1.12 billion, or 70 cents a share, in the second quarter ended Nov. 30, from $847 million, or 52 cents per share, a year ago. That was better than the 58 cents analysts were expecting, based on Refinitiv data.
Nike❤️
30 x earnings selling cheap Chinese junk ... invest at your own peril!
Imagine that. fed bubble
They should have lied about their guidance. You will pay a price for telling the truth in this market.
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