Company Earnings Update 3 minutesRegister for Free AccessNike (NKE) Fiscal 2Q18 Results: Beats Consensus Estimates and Maintains Guidance Coresight Research December 22, 2017 Executive Summary Nike reported 2Q18 adjusted EPS of $0.46, beating the consensus estimate of $0.40. Revenues increased by 5% year over year to $8,554 million from $8,180 million in the year-ago period, beating the consensus estimate of $8,390 million. Revenues for the Nike brand were $8,136 million billion in the second quarter, up 4% on a constant-currency basis, driven by international sales and growth in the sportswear and Nike basketball categories. The company provided revenue guidance in line with that provided in 1Q, expecting 3Q revenue growth to be in the low single-digit range and full-year revenue growth in the mid single digits. 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, UK, EU & China Quarterly Economic Update, 2Q23: Consumer Spending Growth Weakens in Many Countries Despite Easing InflationMarket Navigator: US Healthcare—Evolving To Become More Personalized and Consumer-FocusedA Growing Movement Toward In-Store Shopping: China Consumer Survey InsightsConsumers’ Appetite for In-Store Shopping Remains Resilient: China Consumer Survey Insights
