Nike Inc. (NKE) Tops Q1 EPS by 11c; Future Orders Up 8% Ex-FX

Nike Inc. (NYSE: NKE) reported Q1 EPS of $1.23, $0.11 better than the analyst estimate of $1.12. Revenue for the quarter came in at $6.7 billion versus the consensus estimate of $6.41 billion.

Global futures orders at $8.9 billion, up 8 percent ex-currency. The estimate was for an increase of 10 percent.

Gross margin consolidated 80 basis points in the quarter to 43.5 percent.

For earnings history and earnings-related data on Nike Inc. (NKE) click here.

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