Nike (NKE) Tops Q3 EPS by 24c
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NIKE, Inc. Reports Fiscal 2025 Third Quarter Results
March 20, 2025 4:15 PM EDTBEAVERTON, Ore.--(BUSINESS WIRE)-- NIKE, Inc. (NYSE: NKE) today reported fiscal 2025 financial results for its third quarter ended February 28, 2025.
Third quarter revenues were $11.3 billion, down 9 percent on a reported basis compared to the prior year and down 7 percent on a currency-neutral basis* NIKE Direct revenues were $4.7 billion, down 12 percent on a reported basis and down 10 percent on a currency-neutral basis Wholesale revenues were $6.2 billion, down 7 percent on a reported basis and down 4 percent on a currency-neutral basis Gross margin decreased 330 basis points to 41.5... More