Categories AlphaGraphs, Consumer, Earnings

NKE Earnings: Nike Q3 revenue up 5%; earnings beat estimates

Sneaker giant Nike, Inc. (NYSE: NKE) on Monday reported a decline in earnings for the third quarter of 2022, despite an increase in revenues. The results topped Wall Street’s expectations.

Nike Q3 2022 earnings infographic

Third-quarter revenues rose 5% annually to $10.9 billion, reflecting the continued improvement in demand conditions, and surpassed experts’ prediction. The company reported a net income of $1.40 billion or $0.87 per share for the quarter, compared to $1.45 billion or $0.90 per share in the third quarter of 2021. Analysts were looking for a smaller number for the latest quarter.


Read management/analysts’ comments on Nike’s Q3 results


The company’s stock entered 2022 on a low note and declined steadily since then. It closed Monday’s trading lower but made modest gains in the after-hours following the quarterly report.

Prior Performance

  • Nike reports Q1 2022 earnings results
  • Nike Q4 2021 earnings infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

360 DigiTech (QFIN) Earnings: Q1 revenues rise 20%; profit declines

Online consumer finance company 360 DigiTech, Inc. (NASDAQ: QFIN) reported a decline in net income for the first quarter of 2022, despite a strong increase in revenues. First-quarter revenues increased

Kin Insurance’s strategy is focused on growing in catastrophe-exposed states: CEO Sean Harper

Kin Insurance is a leading insurance technology company specialized in high-risk residential areas. The direct-to-consumer business model and use of advanced technology allow the company to offer affordable pricing without

Infographic: Key highlights from Best Buy (BBY) Q1 2023 earnings results

Best Buy Co., Inc. (NYSE: BBY) reported first quarter 2023 earnings results today. Enterprise revenue dropped to $10.6 billion from $11.6 billion in the year-ago period. Comparable sales were down

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top