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Aug 31, 2020
Nike Q1 2021 Earnings Report
Nike's first quarter results for fiscal year 2021 showed a slight revenue decrease but strong digital growth and improved earnings per share.
Key Takeaways
Nike reported a slight decrease in revenue but experienced strong growth in digital sales. The company's earnings per share increased, driven by lower selling and administrative expenses. Nike is focused on accelerating its digital transformation and normalizing marketplace supply and demand.
First quarter revenues were $10.6 billion, down 1 percent on a reported basis.
NIKE Direct sales were $3.7 billion, up 12 percent.
NIKE Brand digital sales increased 82 percent.
Diluted earnings per share for the quarter was $0.95, up 10 percent.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
NIKE is recovering faster based on accelerating brand momentum and digital growth, as well as our relentless focus on normalizing marketplace supply and demand.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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