Nike (NKE) Tops Q2 EPS by 7c

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Go back to Nike (NKE) Tops Q2 EPS by 7c

NIKE, Inc. Reports Fiscal 2017 Second Quarter Results

December 20, 2016 4:15 PM EST

Revenues up 6 percent to $8.2 billion; 8 percent growth on a currency neutral basis* Diluted earnings per share up 11 percent to $0.50 compared to prior year Inventories up 9 percent as of November 30, 2016

BEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) today reported financial results for its fiscal 2017 second quarter ended November 30, 2016. Global consumer demand drove revenue growth across the NIKE Brand portfolio. Diluted earnings per share were up 11 percent and grew faster than revenue, primarily due to selling and administrative expense... More