Nike earnings and sales beat estimates as retailer books record revenue in North America

Finance

In this article

A man walks in front of Nike products exhibit, on February 22, 2021 in New York City.
John Smith | Corbis News | Getty Images

Nike on Thursday reported fiscal fourth-quarter earnings and sales that topped analysts’ estimates, fueled by record revenue in North America.

Nike shares jumped more than 4% in after-hours trading.

Here’s how the company did during its fiscal fourth quarter, compared with what analysts were anticipating, using Refinitiv estimates:

  • Earnings per share: 93 cents vs. 51 cents expected
  • Revenue: $12.34 billion vs. $11.01 billion expected

Find the full earnings press release from Nike here.

This story is developing. Please check back for updates.

Articles You May Like

😃HERE IS YOUR OPPORTUNITY TO TRY IT OUT 😃 #forex #trading
Learn The Most POWERFUL Forex Trading Strategy
Markets Cautious, Awaiting Eurozone CPI and Development in China
Bank of Canada could be close to the end of its current interest rate hiking cycle – RBC
THE BEST FOREX TRADING STRATEGY [ SIMPLE & EFFECTIVE ]