Inside the Results
Nike reported earnings of $655 million, or 74 cents per share. Last year, NKE reported earnings of $534 million, or 59 cents per share. Analysts expected to see EPS of 70 cents.
Revenue rose 15% to $7.38 billion, compared to $6.43 billion a year ago. Analysts expected to see $7.15 billion in revenue.
Sports Apparel Leader
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Market Index||1.34%|
|VFINX||Vanguard 500 Index||0.87%|
The Bottom Line
Shares of Nike are up 20% YTD.
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