Company Earnings Update 3 minutesRegister for Free AccessNike (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? Register for a free user account. This document was generated for Other research you may be interested in: US CPG Sales Tracker: Sharp Beauty Rise Drives CPG Growth in December 2024Data and Tech for Development—Tapping into the Consumer’s Head: Insights Presented at Retail Property Symposium 2025The New Coresight 100: Leading the Retail Charge in 2025—InfographicAnalyst Corner: Is Shein’s Fashion Model a Template for Environmental Sustainability? with John Mercer
