Categories AlphaGraphs, Consumer, Earnings
Nike reports lower Q1 revenue and profit; earnings beat estimates
Nike, Inc. (NYSE: NKE) on Tuesday reported a decrease in sales and profit for the first quarter of 2025 amid weak demand. However, earnings surpassed analysts’ estimates.
First-quarter net income came in at $1.05 billion or $0.70 per share, compared to $1.45 billion or $0.94 per share in the corresponding period of fiscal 2024. The bottom line exceeded Wall Street’s forecast.
Revenues decreased to $11.59 billion in the August quarter from $12.90 billion in the prior-year period. At $4.7 billion, NIKE Direct revenue decreased 13% year-over-year.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Broadcom (AVGO) appears to be on track to leverage huge AI opportunity
Broadcom, Inc. (NASDAQ: AVGO) reported a record high revenue for the first quarter, aided by strong demand for its AI-enabled semiconductor solutions and infrastructure software. The tech firm’s stock rallied
JD Earnings: JD.Com reports higher Q4 2024 revenue and adj. profit
China-based e-commerce company JD.com Inc. (NASDAQ: JD) has reported a double-digit increase in revenue and adjusted net income for the fourth quarter of 2024. Fourth-quarter earnings, adjusted for special items,
Costco (COST) Q2 2025 profit rises on higher sales; comp sales up 6.8%
Warehouse giant Costco Wholesale Corporation (NASDAQ: COST) has reported higher sales and net profit for the second quarter of 2025. Total comparable store sales increased by 6.8%. Revenues rose to