Net income: US$1.16b (down 26% from 2Q 2024). Profit margin: 9.4% (down from 12% in 2Q 2024). The decrease in margin was driven by lower revenue. EPS: US$0.78 (down from US$1.04 in 2Q 2024).
New Nike CEO Elliott Hill's plan to refocus on sports that are core to its brand like basketball and running allayed some investor worries on Friday, but Wall Street initially was taking a ...
Nike (NYSE: NKE) reported its fiscal 2025's second-quarter results on Dec. 19, beating top- and bottom-line estimates (although expectations were very low). However, the stock fell slightly on Dec.