First-quarter revenues were $11.72 billion, compared to $11.59 billion in the prior-year quarter. Wholesale revenues were $6.8 billion, up 7% on a reported basis and up 5% on a currency-neutral basis.
Nike’s CEO Elliott Hill said, “While we’re getting wins under our belt, we still have work ahead to get all sports, geographies, and channels on a similar path as we manage a dynamic operating environment. I’m confident that we have the right focus in Win Now and that our new alignment in the Sport Offense will be the key to maximizing NIKE, Inc.’s complete portfolio over the long term.”
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