financetom
Business
financetom
/
Business
/
Nike Fiscal Q4 EPS Rises, Revenue Decreases; Shares Fall After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Nike Fiscal Q4 EPS Rises, Revenue Decreases; Shares Fall After Hours
Jun 27, 2024 2:10 PM

04:40 PM EDT, 06/27/2024 (MT Newswires) -- Nike ( NKE ) reported fiscal Q4 earnings late Thursday of $0.99 per diluted share, up from $0.66 a year earlier.

Analysts polled by Capital IQ expected $0.83.

Revenue in the quarter ended May 31 fell to $12.6 billion from $12.8 billion a year earlier.

Analysts surveyed by Capital IQ expected $12.9 billion.

The company's shares fell 5.7% in recent after-hours activity.

Price: 88.80, Change: -5.39, Percent Change: -5.72

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
CERAWEEK-Baker Hughes says oil producers unlikely to increase spending this year
CERAWEEK-Baker Hughes says oil producers unlikely to increase spending this year
Mar 10, 2025
By Arathy Somasekhar HOUSTON, March 10 (Reuters) - U.S. oil and gas producers are unlikely to increase spending this year and output increases will primarily come from improved efficiencies rather than new drilling, Baker Hughes ( BKR ) Chief Executive Lorenzo Simonelli said on Monday. The outlook comes as U.S. President Donald Trump's administration has repeatedly exhorted the industry to...
Market Chatter: UBS Unit Convicted in French Court of Whistleblower Harassment
Market Chatter: UBS Unit Convicted in French Court of Whistleblower Harassment
Mar 10, 2025
10:30 AM EDT, 03/10/2025 (MT Newswires) -- UBS Group's ( UBS ) UBS Europe unit, formerly UBS France, was convicted in a French court of harassing two whistleblowers who exposed its actions to help tax evaders, Bloomberg reported Monday. The Paris criminal court found the UBS unit guilty of penalizing its former auditor Nicolas Forissier and Stephanie Gibaud, the report...
Hanesbrands Completes Refinancing of 2026 Maturities
Hanesbrands Completes Refinancing of 2026 Maturities
Mar 10, 2025
10:33 AM EDT, 03/10/2025 (MT Newswires) -- Hanesbrands ( HBI ) said Monday it has completed the refinancing of its 2026 maturities. The company said it closed an upsized new senior secured term loan B facility in a total principal amount of $1.1 billion maturing in 2032, a new $750 million senior secured revolving credit facility maturing in 2030, and...
Factbox-Companies eye US expansion to lessen fallout from potential tariffs
Factbox-Companies eye US expansion to lessen fallout from potential tariffs
Mar 10, 2025
(Reuters) - Some companies have said they are looking at expanding their presence or setting up shop in the United States as they prepare for President Donald Trump's tariffs. Below are some of the plans companies have flagged, in alphabetical order. CAMPARI The Italian spirits group is assessing the opportunities to expand its production in the U.S. without losing the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved