Nike (NKE) Misses Q4 EPS by 4c

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NIKE, Inc. Reports Fiscal 2019 Fourth Quarter and Full Year Results

June 27, 2019 4:15 PM EDT

BEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) today reported financial results for its fiscal 2019 fourth quarter and full year ended May 31, 2019.

Fourth quarter revenue increased to $10.2 billion, up 4 percent on a reported basis and up 10 percent on a currency-neutral basis*. Full year revenue rose to $39.1 billion, up 7 percent on a reported basis and up 11 percent on a currency-neutral basis, as strategic investments in innovation and digital drove global consumer demand led by NIKE Direct in both periods.

FY19 was a pivotal year for NIKE as we continue to bring... More