Update: Nike Reports Smaller-Than-Expected Decline in Fiscal Q4 Earnings, Sales; Shares up Pre-Bell-February 2024-www.financetom.com

Update: Nike Reports Smaller-Than-Expected Decline in Fiscal Q4 Earnings, Sales; Shares up Pre-Bell

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Update: Nike Reports Smaller-Than-Expected Decline in Fiscal Q4 Earnings, Sales; Shares up Pre-Bell

Jun 27, 2025 2:12 AM

04:46 AM EDT, 06/27/2025 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the last paragraph.)

Nike ( NKE ) reported fiscal Q4 net income late Thursday of $0.14 per diluted share, down from $0.99 a year earlier.

Analysts polled by FactSet expected $0.12.

Net sales for the quarter ended May 31 were $11.1 billion, down from $12.61 billion a year earlier.

Analysts expected $10.73 billion.

Shares of the athletic apparel company were up 9.7% in recent premarket activity Friday.

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