Investing.com - Nike (NYSE:NKE) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Nike announced earnings per share of $0.93 on revenue of $12.69B. Analysts polled by Investing.com anticipated EPS of $0.92 on revenue of $12.29B.
Nike shares are down 36.1% from the beginning of the year, still down 36.10% from its 52 week high of $178.11 set on November 5, 2021.
Nike follows other major Consumer Discretionary sector earnings this month
Nike's report follows an earnings beat by Ripley Corp on September 2, who reported EPS of $1.12 on revenue of $521.27B, compared to forecasts EPS of $1.1 on revenue of $521.27B.
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