Wed, 01 Oct 2025 13:30:04 GMT
NIKE quarter earnings
NIKE reported $11.7 billion in revenue, up 1% from the same period last year. However, net income fell 31% to $700 million, and earnings per share dropped 30% to $0.49. NIKE Direct sales, which include online and physical stores, declined 4%, driven by a 12% drop in digital sales. In contrast, wholesale revenue rose 7%, reflecting strong performance through retail