Nike (NKE) Tops Q1 EPS by 9c

Nike (NYSE: NKE) reported Q1 EPS of $0.57, $0.09 better than the analyst estimate of $0.48. Revenue for the quarter came in at $9.1 billion versus the consensus estimate of $9.09 billion.

“This quarter, we captured near-term opportunities through our new Consumer Direct Offense,” said Mark Parker, Chairman, President and CEO, NIKE, Inc. “Looking ahead to the rest of fiscal 2018, we will ignite NIKE’s next horizon of global growth through the strength of our brand, the power of our innovative products and the most personal, digitally-connected experiences in our industry.”

For earnings history and earnings-related data on Nike (NKE) click here.

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