Nike (NKE) Tops Q3 EPS by 15c, Sales Miss
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NIKE, Inc. Reports Fiscal 2017 Third Quarter Results
March 21, 2017 4:15 PM EDTRevenues up 5 percent to $8.4 billion; 7 percent growth on a currency-neutral basis* Diluted earnings per share up 24 percent to $0.68 Inventories up 7 percent as of February 28, 2017
BEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) today reported financial results for its fiscal 2017 third quarter ended February 28, 2017. Consumer demand in all geographies drove revenue growth across the NIKE Brand portfolio. Diluted earnings per share were up 24 percent and grew faster than revenue, primarily due to selling and administrative expense leverage,... More
