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NIKE, Inc. reported a 1% increase in revenue to $11.4 billion for the second quarter of fiscal year 2022. Diluted earnings per share increased by 6% to $0.83. Gross margin increased to 45.9%.
NIKE Direct sales increased by 9%, with North America Direct growing by 30%.
NIKE Brand Digital sales increased by 12%, led by 40% growth in North America.
Gross margin increased by 280 basis points to 45.9 percent.
Diluted earnings per share for the quarter was $0.83, up 6 percent.
The marked paragraphs contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially.
Visualization of income flow from segment revenue to net income