Nike Posts Higher 3Q Profit, Sales
18 Março 2021 - 05:52PM
Dow Jones News
By Kimberly Chin
Nike Inc. posted a higher profit in the fiscal third quarter as
the company controlled expenses and sales notched up due to its
e-commerce push during the pandemic.
The Beaverton, Ore.-based company said profit was $1.45 billion
for the quarter ended Feb. 28, compared with $847 million in
comparable period a year earlier. Earnings were 90 cents a share,
up from 53 cents a share a year earlier. Analysts were expecting
earnings of 79 cents a share, per a FactSet poll.
Sales rose to $10.36 billion from $10.1 billion a year earlier.
Analysts were looking for $11 billion. Nike's direct sales rose 20%
to $4 billion while digital sales increased 59%.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
March 18, 2021 16:37 ET (20:37 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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