Nike Q2 2021 Earnings Report
Key Takeaways
NIKE, Inc. reported a 9 percent increase in revenue to $11.2 billion, with diluted earnings per share up 11 percent to $0.78. The growth was driven by strong NIKE Brand digital sales, which increased 84 percent. Inventories declined 2 percent, returning to healthy levels globally.
NIKE's second-quarter revenue grew by 9 percent to $11.2 billion, or 7 percent on a currency-neutral basis.
NIKE Direct sales increased by 32 percent, and NIKE Brand digital sales surged by 84 percent.
Diluted earnings per share rose by 11 percent to $0.78.
Gross margin decreased by 90 basis points to 43.1 percent.
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Nike Revenue by Segment
Nike Revenue by Geographic Location
Forward Guidance
NIKE is focused on accelerating its Consumer Direct Acceleration strategy and fueling sustainable, long-term growth and profitability.
Revenue & Expenses
Visualization of income flow from segment revenue to net income