Pedestrians pass in front of a Nike store with a modern design and models displaying winter clothes on December 5, 2024, in Wuhan, Hubei province, China.
Cheng Xin | Getty images
Nike On Tuesday, shot quarterly results and income that beat Wall Street’s expectations, while sales increased unexpectedly compared to the previous year.
The company said revenues increased by 1% in its first tax quarter, after having previously declared that it provided that sales would drop from a percentage half-chiffon during the period.
Here is what the largest sneakers in the world reported for the period ended on August 31 in relation to what analysts were waiting for, according to the consensual estimates of LSEG:
- Profit by action: 49 cents against 27 hundred expected
- Income: $ 11.72 billion against $ 11.0 billion expected
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