Nike Q2 2023 Earnings Report
Key Takeaways
NIKE, Inc. reported a 17% increase in revenue to $13.3 billion, driven by strong growth across all geographies and channels. Diluted earnings per share increased by 2% to $0.85. The company's expanding digital leadership and brand strength fueled the momentum.
NIKE's second quarter reported revenues were $13.3 billion, up 17 percent compared to the prior year.
NIKE Direct sales were $5.4 billion, up 16 percent on a reported basis.
NIKE Brand Digital sales increased 25 percent on a reported basis.
Diluted earnings per share for the quarter was $0.85, up 2 percent.
Nike
Nike
Nike Revenue by Segment
Nike Revenue by Geographic Location
Forward Guidance
Consumer demand for NIKE's portfolio of brands continues to drive strong business momentum in a dynamic environment. We remain focused on what we can control, and we are on track to deliver on our operational and financial goals — setting the foundation for sustainable, profitable growth.
Revenue & Expenses
Visualization of income flow from segment revenue to net income