Nike (NKE) Tops Q1 EPS by 49c, Revenue Beats
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NIKE, Inc. Reports Fiscal 2021 First Quarter Results
September 22, 2020 4:15 PM EDTBEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) today reported fiscal 2021 financial results for its first quarter ended August 31, 2020.
First quarter reported revenues were $10.6 billion, down 1 percent on a reported basis and flat to prior year on a currency-neutral basis* NIKE Direct sales were $3.7 billion, up 12 percent on a reported basis, and up 13 percent on a currency-neutral basis, with growth across all geographies NIKE Brand digital sales increased 82 percent, or 83 percent on a currency-neutral basis, with double-digit increases across North America, Greater China, and... More