Company Earnings Update 4 minutesRegister for Free AccessNike (NYSE: NKE) 3Q19 Results: Digital Growth Powers Forward at a 36% Pace, China Digital Grows Over 60% Coresight Research March 22, 2019 Executive Summary Nike 3Q19 revenues rose 7%, driven by 13% growth for Nike footwear led by Greater China. The operating margin was flat at 13% of sales as gross margin expansion was offset by investment spending in Nike’s transformational initiatives. The outlook for 4Q19 is high-single-digit revenue growth offset by FX, about 75 bps gross-margin expansion and high-single-digit SG&A expense growth. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: US Store Tracker Extra, March 2024: Family Dollar Closures Push Total Shuttered Space to 30 Million Square FeetApril 2024 US Retail Sales: Solid Sales Growth Continues; Home-Improvement Retailers ReboundUS Consumer Tracker Databank—New DataThree Things You Need To Know: Leading Indicators of US Retail Sales—December 2022