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  • Breaking News

    Nike earnings and sales beat estimates, retailer books record revenue in North America

    A man walks in front of Nike products exhibit, on February 22, 2021 in New York City.

    John Smith | Corbis News | Getty Images

    Nike on Thursday reported fiscal fourth-quarter earnings and sales that topped analysts' estimates, fueled by record revenue in North America.

    Nike shares jumped more than 4% in after-hours trading.

    Here's how the company did during its fiscal fourth quarter, compared with what analysts were anticipating, using Refinitiv estimates:

    • Earnings per share: 93 cents vs. 51 cents expected
    • Revenue: $12.34 billion vs. $11.01 billion expected

    Find the full earnings press release from Nike here.

    This story is developing. Please check back for updates.



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