Nike (NKE) Tops Q2 EPS by 20c

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NIKE, Inc. Reports Fiscal 2022 Second Quarter Results

December 20, 2021 4:15 PM EST

BEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) today reported fiscal 2022 financial results for its second quarter ended November 30, 2021.

Second quarter reported revenues were $11.4 billion, up 1 percent compared to prior year and flat on a currency-neutral basis.* NIKE Direct sales were $4.7 billion, up 9 percent on a reported basis and up 8 percent on a currency-neutral basis. NIKE Brand Digital sales increased 12 percent, or 11 percent on a currency-neutral basis, led by 40 percent growth in North America. Gross margin increased 280 basis points to 45.9 percent. Diluted... More