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Nike Numbers Beat, but not by much; Stocks Slide By Investing.com



© Reuters.

Investing.com – Nike (NYSE 🙂 shares went into the downtime Thursday, and retired after quarterly numbers that just looked OK.

Athletic giant reported per share of $ 0.68 on revenue of $ 9.61 billion. Analysts polled by Investing.com expected EPS at $ 0.64 on revenue of $ 9.58 billion. That was in relation to EPS of $ 0.68 on revenue of $ 8.98 billion in the same period the year before.

The gross margin for the quarter came in at 45.1

%, slightly higher than consensus and company guidance.

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