Nike on Thursday reported fiscal fourth-quarter earnings and sales that topped analysts’ estimates, fueled by record revenue in North America.
Nike shares jumped more than 4% in after-hours trading.
Here’s how the company did during its fiscal fourth quarter, compared with what analysts were anticipating, using Refinitiv estimates:
- Earnings per share: 93 cents vs. 51 cents expected
- Revenue: $12.34 billion vs. $11.01 billion expected
Find the full earnings press release from Nike here.
This story is developing. Please check back for updates.