NIKE Fiscal Q2 Earnings, Revenue Decline; Shares Jump After Hours-March 2024-www.financetom.com

NIKE Fiscal Q2 Earnings, Revenue Decline; Shares Jump After Hours

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NIKE Fiscal Q2 Earnings, Revenue Decline; Shares Jump After Hours

Dec 19, 2024 1:40 PM

04:25 PM EST, 12/19/2024 (MT Newswires) -- NIKE ( NKE ) reported fiscal Q2 earnings late Thursday of $0.78 per diluted share, down from $1.03 a year earlier.

Analysts polled by FactSet expected $0.63.

Revenue in the three months ended Nov. 30 fell to $12.35 billion from $13.39 billion a year earlier.

Analysts surveyed by FactSet expected $12.11 billion.

Nike ( NKE ) shares rose 9% in after-hours activity.

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