Nike (NKE) rises after its earnings release. Its 1Q adjusted EPS came in at $0.94 versus an estimated $0.74 and its revenue came in at $12.94B versus an estimated $12.95B. George Tsilis goes over what investors should look for in these earnings. NKE’s 1Q footwear revenue came in at $8.42B and its 1Q apparel revenue came in at $3.39B. NKE’s 1Q greater China revenue came in at $1.74B, which is up 5%. Tune in to find out more about the stock market today.
Market On Close
28 Sep 2023
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