Earnings

In this article

A man walks in front of Nike products exhibit, on February 22, 2021 in New York City.
John Smith | Corbis News | Getty Images

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.

Articles You May Like

Reduce Your Taxable Income With a 401(k)
Grubhub to pay $25 million in FTC settlement over harmful practices against diners, workers
Netflix secures U.S. rights to the FIFA Women’s World Cup in 2027, 2031
American homeowners are wasting more space than ever before
Here’s what to know before ‘taking some risk off the table’ with bitcoin profits, advisor says