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Nike’s fourth fiscal fiscal was difficult, but the results were slightly better than the analysts feared. Sales of the sports sector giant in the quarter ended on May 31 fell 12% over the previous year to US $ 11.1 billion. Analysts consulted by FACTSET expected $ 10.7 billion.
The profits of $ 0.14 per share were also above the projections of analysts, which provided $ 0.13 per share. In the quarter of the previous year, the profit was $ 1.01 per share.
At 5:33 pm (Brasília), Nike shares fell 1.33% in the New York after hours. The papers yielded 17% this year. Source: Dow Jones Newswires.
*Content translated with the aid of artificial intelligence, revised and edited by the Broadcast writing, Real Time News System of the State Group
