NIKE, Inc. reported second quarter fiscal 2025 revenues of $12.4 billion, a decrease of 8 percent compared to the prior year. Diluted earnings per share was $0.78, down 24 percent. The company is taking actions to reposition its business and reignite brand momentum through sport.
Second quarter revenues were $12.4 billion, down 8 percent on a reported basis.
NIKE Direct revenues were $5.0 billion, down 13 percent on a reported basis.
Diluted earnings per share was $0.78, a decrease of 24 percent.
Gross margin decreased 100 basis points to 43.6 percent.
NIKE is taking immediate action to reposition its business and reignite brand momentum through sport. They are focusing on returning sport to the center of everything they do and driving long-term shareholder value.
Visualization of income flow from segment revenue to net income