Nike Q3 EPS Outperforms, Revenue Down 9%
Sports apparel giant (NYSE:NKE) reported fiscal 2025 third-quarter results on Thursday, March 20, that topped analysts' consensus estimates. Earnings per share (EPS) of $0.54 exceeded expectations of $0.30. Revenue beat projections at $11.27 billion but fell 9% year over year.
Overall, the quarter reflected mixed results, with significant earnings driven by operational efficiencies overshadowing lingering revenue hurdles and gross margin pressures.
Source: Nike. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year. pps = percentage points.
Source Fool.com
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