Fri, 21 Mar 2025 10:20:04 GMT
Nike quarter earnings
NIKE, Inc. reported its Q3 FY2025 results, revealing a 9% year-over-year drop in revenues, totaling $11.3 billion, with a 7% decrease on a currency-neutral basis. The decline was driven by weaker sales across both NIKE Direct and wholesale channels. NIKE Direct, which includes digital and retail operations, saw a 12% decrease in revenues to $4.7 billion, primarily due to a