Nike, Inc. - Ordinary Shares - Class B

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Other Pre-Announcement

Nike Reports Q3 EPS Of $0.90

Published: 03/18/2021 20:39 GMT
Nike, Inc. - Ordinary Shares - Class B (NKE) - Nike, Inc. Reports Fiscal 2021 Third Quarter Results.
Q3 Earnings per Share $0.90.
Q3 Revenue $10.4 Billion Versus Refinitiv Ibes Estimate of $11.02 Billion.
Q3 Earnings per Share Estimate $0.76 -- Refinitiv Ibes Data (analyst estimates).
Qtrly Gross Margin Increased 130 Basis Points to 45.6 Percent.
Qtrly Revenues for Nike, Inc. Increased 3 Percent to $10.4 Billion Compared to the Prior Year, Down 1 Percent on a Currency-neutral Basis.
Qtrly Revenues for the Nike Brand Were $9.8 Billion, a Decrease of 2 Percent to Prior Year on a Currency-neutral Basis.
Expects to Resume Share Repurchases Under Its Existing Share Repurchase Program in Q4 of Fiscal 2021.
Qtrly Nike Brand Digital Sales Increased 59%, Or 54% on a Currency-neutral Basis, With Strong Double-digit Increases in All Geographies.
Qtrly North America Reported Revenue Declined 10 Percent Due to Supply Chain Challenges.
Qtrly North America Total Revenue $3,564 Million Versus $3,979 Million.
Qtrly Greater China Total Revenue Was $2,279 Million Versus $1,506 Million.