Nike was flat at $72.85 after reporting Q1 adjusted EPS of $0.49 vs $0.27 expected. Revenue rose to $11.7bn from $11bn expected, supported by 7% wholesale growth and a new collaboration with Kim Kardashian’s Skims to expand female demand.
Nike was flat at $72.85 after reporting Q1 adjusted EPS of $0.49 vs $0.27 expected. Revenue rose to $11.7bn from $11bn expected, supported by 7% wholesale growth and a new collaboration with Kim Kardashian’s Skims to expand female demand.