Nike (NKE) Tops Q4 EPS by 17c, Revenue Misses

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NIKE, Inc. Reports Fiscal 2024 Fourth Quarter and Full Year Results

June 27, 2024 4:15 PM EDT

BEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) today reported financial results for its fiscal 2024 fourth quarter and full year ended May 31, 2024.

Full year revenues were $51.4 billion compared to $51.2 billion in the prior year, up 1 percent on a currency-neutral basis* Fourth quarter revenues were $12.6 billion, down 2 percent on a reported basis and flat on a currency-neutral basis NIKE Direct revenues for the fourth quarter were $5.1 billion, down 8 percent on a reported basis and down 7 percent on a currency-neutral basis Wholesale... More