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Nike (NKE) Reports Q3 Earnings: What Key Metrics Have to Say

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Nike (NKE) reported $11.27 billion in revenue for the quarter ended February 2025, representing a year-over-year decline of 9.3%. EPS of $0.54 for the same period compares to $0.98 a year ago.

The reported revenue represents a surprise of +2.13% over the Zacks Consensus Estimate of $11.03 billion. With the consensus EPS estimate being $0.28, the EPS surprise was +92.86%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Nike performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Geographic Revenue- North America: $4.86 billion versus $4.44 billion estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a -4.1% change.

  • Geographic Revenue- Asia Pacific & Latin America: $1.47 billion compared to the $1.53 billion average estimate based on eight analysts. The reported number represents a change of -10.8% year over year.

  • Geographic Revenue- Europe, Middle East and Africa: $2.81 billion versus the eight-analyst average estimate of $2.78 billion. The reported number represents a year-over-year change of -10.4%.

  • Geographic Revenue- Greater China: $1.73 billion versus $1.82 billion estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a -16.8% change.

  • Geographic Revenue- Total Nike Brand: $10.89 billion versus the seven-analyst average estimate of $10.59 billion. The reported number represents a year-over-year change of -8.9%.

  • Geographic Revenue- North America- Equipment: $222 million versus the five-analyst average estimate of $211.11 million. The reported number represents a year-over-year change of +9.9%.

  • Revenue- Converse: $405 million versus $456.77 million estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a -18.2% change.

  • Revenue- Global Brand Divisions: $12 million versus the seven-analyst average estimate of $9.79 million. The reported number represents a year-over-year change of +33.3%.

  • Revenue- Corporate: -$26 million versus the seven-analyst average estimate of -$16.05 million. The reported number represents a year-over-year change of +85.7%.

  • Revenue- Footwear: $7.21 billion versus the five-analyst average estimate of $7.06 billion. The reported number represents a year-over-year change of -11.7%.

  • Revenue- Equipment: $477 million versus $490.77 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -2.1% change.

  • Revenue- Apparel: $3.19 billion compared to the $3.02 billion average estimate based on five analysts. The reported number represents a change of -3% year over year.