Nike Earnings Beat Estimates. Why Its Stock Is Dropping.

3 weeks ago 14
PR Distribution

This transcript is for your personal, non-commercial usage only. To bid presentation-ready copies for organisation to your colleagues, clients oregon customers sojourn http://www.djreprints.com.

https://www.barrons.com/articles/nike-earnings-stock-51632428655


Updated Sept. 23, 2021 4:28 p.m. ET / Original Sept. 23, 2021 4:24 p.m. ET

  • Order Reprints
  • Print Article

A elaborate presumption of a Nike Flight Premier League lucifer ball

Catherine Ivill/Getty Images

Nike banal is falling aft the diversion apparel institution reported net that bushed net forecasts but missed connected sales.

Nike reported a nett of $1.16 a share, beating forecasts for $1.12, connected income of $12.2 billion, missing forecasts for $12.47 billion.

“NIKE’s beardown results this 4th are continued impervious of our heavy user connections,...


Read Entire Article