Finanzas: Nike delivers earnings surprise


Nike (NYSE:NKE) reports sales rose 8% in FQ2 on a constant currency basis.

Revenue by brand (ex-currency): Nike +8% to $7.7B, Converse +5% to $416M.


LEA TAMBIÉN: Finanzas: Johnson & Johnson Faces Pharmaceutical Decline

Apparel sales increased 4% during the quarter, while footwear sales rose 3%.

Gross margin -140 bps Y/Y to 44.2% as higher product costs and F/X factored in. Analysts expected a mark of 44.3%.

The effective tax rate was 24.4% for the period vs. 19.1% last year.

Nike is due to give out future orders guidance on the conference call. The consenus estimate is +5.3% (constant currency).

Previously: Nike beats by $0.07, beats on revenue (Dec. 20)

NKE +3.03% AH after hours to $53.36.

Fuente: Seeking Alpha

Reciba las últimas noticias de la industria en su casilla:

Suscribirse ✉


Please enter your comment!
Please enter your name here