Nike (NKE) Announces Cost Savings Initiative, Sees $400M-$450M Charge
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NIKE, Inc. Reports Fiscal 2024 Second Quarter Results
December 21, 2023 4:15 PM ESTBEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) today reported fiscal 2024 financial results for its second quarter ended November 30, 2023.
Second quarter revenues were $13.4 billion, up 1 percent on a reported basis compared to the prior year and down 1 percent on a currency-neutral basis* NIKE Direct revenues were $5.7 billion, up 6 percent on a reported basis and up 4 percent on a currency-neutral basis NIKE Brand Digital sales increased 4 percent on a reported basis and 1 percent on a currency-neutral basis Wholesale revenues were $7.1 billion, down 2 percent on a... More