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Feb 29, 2020
Nike Q3 2020 Earnings Report
Nike's Q3 2020 results were released, showcasing revenue growth despite challenges in Greater China due to COVID-19.
Key Takeaways
NIKE reported a 5% increase in revenue to $10.1 billion, driven by digital sales growth and strong performance in EMEA, APLA, and North America, although Greater China revenues were impacted by COVID-19. Diluted earnings per share were $0.53, which included a $0.25 non-recurring charge.
Revenues increased by 5% to $10.1 billion, or 7% on a currency-neutral basis.
Digital sales rose 36% compared to the previous year.
Diluted earnings per share were $0.53, which included a $0.25 non-recurring charge.
Greater China revenues decreased by 4% due to COVID-19 impacts.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
NIKE is executing against an operational playbook that will expedite NIKE’s return to profitable, capital efficient growth leveraging our strong financial position, the strongest partnerships across the value chain in our industry, and our leading digital capabilities.
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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