Nike Q4 Earnings Highlights: Revenue Miss, EPS Beat, 'Taking Our Near-Term Challenges Head-On'
NKENIKE(NKE) Benzinga·2024-06-28 04:34

Loading... Loading... Apparel and footwear company Nike Inc NKE reported fourth-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: Nike reported fourth-quarter revenue of 12.6billion,down212.6 billion, down 2% year-over-year. The revenue total missed a Street consensus estimate of 12.91 billion, according to data from Benzinga Pro. Nike Direct revenue was 5.1billioninthefourthquarter,down85.1 billion in the fourth quarter, down 8% year-over-year. Wholesale revenues were 7.1 billion in the fourth quarte ...