Nike (NKE) Tops Q2 EPS by 13c

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NIKE, Inc. Reports Fiscal 2020 Second Quarter Results

December 19, 2019 4:15 PM EST

BEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) today reported fiscal 2020 financial results for its second quarter ended November 30, 2019.

Revenue increased to $10.3 billion in the second quarter, up 10 percent on a reported basis and up 13 percent on a currency-neutral basis*, driven by strong growth across all geographies.

In Q2, NIKE has proven again that innovation is our greatest competitive edge turning athlete insights into breakthrough product and digital services, as we offer more choice to more consumers at an accelerated pace, said Mark Parker, Chairman, President and CEO, NIKE, Inc.... More