Nike'S First Quarter Net Profit Of $645 Million, An Increase Of 15% Over The Same Period Last Year.
Beijing time on the morning of September 23rd,
Nike
(NKE) the first quarter was announced on Thursday.
Financial Report
。
The report shows that Nike's net profit in the first quarter was $645 million, an increase of 15% over the same period last year, mainly due to a significant increase in North American market revenue.
Affected by this, Nike shares rose 5%.
The report shows that in the quarter ended August 31st, Nike's net profit was $645 million and earnings per share were $1.36, which was better than the same period last year and exceeded analysts' expectations.
In the first quarter of last fiscal year, Nike's net profit was $559 million and earnings per share were $1.14.
According to a Bloomberg survey, 18 analysts surveyed expect an average earnings of $1.21 per share in the first quarter of Nike.
In the past 21 quarters, Nike's quarterly results exceeded analysts' expectations for 20 times.
Nike's first quarter revenue was $6 billion 80 million, an increase of 18% over the same period last year, exceeding analysts' expectations.
According to a Bloomberg survey, 16 analysts surveyed expect Nike's first quarter revenue to be $5 billion 750 million.
Nike's first quarter revenue in North America was $2 billion 200 million, an increase of 16% over the same period last year.
On that day, Nike
Price of stock
In the after hours trading on the New York Stock Exchange (NYSE), it rose 5% to $88.92.
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