Previous close | 8.70 |
Open | 9.50 |
Bid | 9.30 |
Ask | 9.65 |
Strike | 135.00 |
Expiry date | 2024-01-19 |
Day's range | 9.50 - 9.60 |
Contract range | N/A |
Volume | |
Open interest | 7.3k |
Nike (NYSE: NKE) posted its latest earnings report on March 21. For the third quarter of fiscal 2023, which ended on Feb. 28, the athletic footwear and apparel company's revenue rose 14% year over year (and grew 19% in constant currency terms) to $12.4 billion and beat analysts' estimates by $910 million. Back in fiscal 2022 (which ended on May 31, 2022), Nike's post-pandemic recovery stalled out as it encountered COVID lockdowns in China, supply chain disruptions, and inflationary headwinds.
Nike's (NYSE: NKE) sales jumped by double-digits in the most recent quarter. Still, Nike's revenue is constrained by a slower economic reopening in China. This video will review Nike's latest earnings, which were announced on March 21, 2023.