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.
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MU Earnings: Highlights of Micron’s Q1 2025 report
Chipmaker Micron Technology Inc. (NASDAQ: MU) Wednesday announced financial results for the first quarter of 2025, reporting an increase in revenues. The company reported adjusted earnings of $1.79 per share
“Gelteq has been continuously evolving to expand applications and audiences”
Gelteq Limited (NASDAQ: GELS) is a healthcare company specializing in the development and manufacturing of edible gel products, with a focus on areas like pharmaceuticals, nutraceuticals, pet care, and sports
