Nike up after surprise rise in quarterly revenue, upbeat profit

ReutersSep 30, 2025 8:46 PM

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Shares of sportswear giant Nike NKE.N up ~1% at $70.75 after the bell

Co reports a surprise rise in first-quarter revenue and beats quarterly profit estimates on the back of CEO Elliott Hill's turnaround efforts

Co's quarterly revenue rises 1% on a reported basis to $11.72 billion vs analysts' estimates of 5.1% decline to $11 billion, as per data compiled by LSEG

Posts quarterly earnings per share of 49 cents vs estimates of 27 cents

Co's quarterly gross margin falls 320 basis points to 42.2% from a year ago, after decreasing 440 basis points in the preceding three-month period

Up to last close, stock down about 7% YTD

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