Nike (NKE) to Resume Buybacks in Current Quarter
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NIKE, Inc. Reports Fiscal 2021 Third Quarter Results
March 18, 2021 4:15 PM EDTBEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) today reported fiscal 2021 financial results for its third quarter ended February 28, 2021.
Third quarter reported revenues were $10.4 billion, up 3 percent compared to prior year and down 1 percent on a currency-neutral basis* led by Greater China reported revenue growth of 51 percent. NIKE Direct sales were $4.0 billion, up 20 percent on a reported basis, and up 16 percent on a currency-neutral basis. NIKE Brand digital sales increased 59 percent, or 54 percent on a currency-neutral basis, with strong double-digit increases in all geographies. North... More