Company Earnings UpdateNike (NKE) Fiscal 3Q17 Results: Beats on Earnings, Slightly Misses on Revenue Coresight Research March 22, 2017 Executive Summary Nike reported fiscal 3Q17 adjusted EPS of $0.68, ahead of the $0.53 consensus estimate and up 23.6% year over year, driven by SG&A expense leverage as well as by higher other income, a lower tax rate and a lower share count. Revenues of $8.4 billion were up 5.0% year over year, or up 7.0% on a currency-neutral basis. Revenues for the Nike brand were $7.9 billion, up 7.0% in currency-neutral terms. Revenue growth was driven by double-digit growth in the Western Europe, Greater China and Emerging Markets regions as well as the sportswear and Jordan brand categories. 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: The New Coresight 100: Setting the Direction for Global Retail in 2026Freeze, Flight or Fight? How Retailers Can Strategically Navigate Tariff TurmoilKohl’s CEO Removal—Why It Happened and What It Means for US Department StoresAI Underpins the Tech-Driven Shift in US Grocery, from Smarter Forecasting to Faster Checkout
