Nike (NKE) expects Fiscal '23 reported revenue to grow high single-digits
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NIKE, Inc. Reports Fiscal 2023 Third Quarter Results
March 21, 2023 4:15 PM EDTBEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) today reported fiscal 2023 financial results for its third quarter ended February 28, 2023.
Third quarter reported revenues were $12.4 billion, up 14 percent compared to the prior year and up 19 percent on a currency-neutral basis* NIKE Direct sales were $5.3 billion, up 17 percent on a reported basis and up 22 percent on a currency-neutral basis NIKE Brand Digital sales increased 20 percent on a reported basis, or 24 percent on a currency-neutral basis Wholesale revenues grew 12 percent on a reported basis and 18 percent on a... More