Company Earnings UpdateNike (NYSE: NKE) 1Q20 Results: Growth Across All Geographies, Led by Product Innovation and Digital Coresight Research September 25, 2019 Executive Summary Nike 1Q20 revenues rose 7.1% to $10.66 billion, driven by growth across all geographies, beating the $10.44 billion consensus estimate. By region, China grew most rapidly, at 22% to $1.68 billion, with equal growth in footwear, apparel and equipment. For 2Q20, Nike expects 7% revenue growth (in line with Q1 reported revenue growth) and a 25-bps increase in gross margin. For FY20, Nike expects high single-digit constant-currency revenue growth. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Consumer Sentiment Peaks Ahead of Singles’ Day—Then Stabilizes: China Consumer Survey InsightsUS CPG Sales Tracker: CPG E-Commerce Spikes and Beauty Sales Growth Jumps, Driven by Prime Day and Competing July 2025 Sales EventsConsumer Confidence Rebounds in October: China Consumer Survey InsightsHighlights from NextGen 2025: Retail, Real Estate & the New Consumer—Infographic
