Categories AlphaGraphs, Earnings, Retail
NKE Earnings: Key quarterly highlights from Nike’s Q1 financial results
Nike Inc. (NYSE: NKE) reported first quarter 2022 earnings results today.
Total revenue increased 16% year-over-year to $12.2 billion.
Net income rose 23% to $1.9 billion while EPS grew 22% to $1.16 compared to the previous year.
Cash and equivalents and short-term investments were $13.7 billion.
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