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BUSINESSWTOP·16h ago

Nike: Fiscal Q1 Earnings Snapshot

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Nike reported fiscal first-quarter earnings of $712 million, or 48 cents per share. The results exceeded Wall Street expectations.

BEAVERTON, Ore. (AP) — BEAVERTON, Ore. (AP) — Nike Inc. (NKE) on Thursday reported fiscal first-quarter earnings of $712 million. On a per-share basis, the Beaverton, Oregon-based company said it had net income of 48 cents. The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for...

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