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nike earnings 2020

Donahoe pointed out on Friday evening’s conference call with analysts that last quarter was the company’s third straight quarter of roughly 80 percent digital growth. Reaching millions of people each month through its website, books, newspaper column, radio show, television appearances, and subscription newsletter services, The Motley Fool champions shareholder values and advocates tirelessly for the individual investor. © 2020, Nasdaq, Inc. All Rights Reserved. Do the numbers hold clues to what lies ahead for the stock? Nike’s earnings between May 2019 and May 2020 is estimated at a total of $37.4 billion. Nike's revenue trends likely enjoyed other tailwinds, such as rising traffic on its digital shopping platforms and steadily improving sales at reopened stores. CEO John Donahoe said at the time that the boost reflected management's confidence in the company's growth and profit potential. Estimates: Nike earnings per share are seen collapsing 97% to 2 cents, according to Zacks Investment Research.Revenue is seen … Analysts are expecting Nike to report second-quarter earnings per share of 62 cents on revenue of $10.54 billion, up 2.1% from a year ago. node.dataset.value : node.getAttribute('data-value'); if (selectedValue) { for (var j = 0; j < node.options.length; j++) { if(node.options[j].value === selectedValue) { node.options[j].selected = 'selected';break;}}}}}, Do Not Sell My Personal Information (CA Residents Only). (Below is Investopedia's original earnings preview, published September 21, 2020… Nike on Friday reported quarterly sales and earnings that topped analysts' estimates, driven by triple-digit growth online in North America and strong demand for its sneakers and workout apparel from Chinese consumers.It was able to cut expenses as it spent less in marketing during sporting events due to the pandemic. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Enter up to 25 symbols separated by spaces. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. NIKE annual/quarterly revenue history and growth rate from 2006 to 2020. The big question for investors this week is whether Nike stands by that timeline on Friday. Shares of Nike, which closed down 2.29 percent to $137.28 a piece Friday, are up 35.7 percent year-over-year. The Motley Fool has a disclosure policy. David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Nike wasn't one of them! @/i, failureMessage: "A valid email address is required", negate: "true"});var dom2 = document.querySelector('#form1783 #field2');var field2 = new LiveValidation(dom2, {validMessage: "", onlyOnBlur: false, wait: 300});field2.add(Validate.Presence, {failureMessage:"This field is required"});var dom5 = document.querySelector('#form1783 #field5');var field5 = new LiveValidation(dom5, {validMessage: "", onlyOnBlur: false, wait: 300});field5.add(Validate.Custom, {against: function(value) {return !value.match(/(telnet|ftp|https?):\/\/(?:[a-z0-9][a-z0-9-]{0,61}[a-z0-9]\.|[a-z0-9]\. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Nike (NKE) reports earnings on 12/18/2020 and is expected to beat estimates with an Earnings Whisper number of $0.72. Nike's first quarter performance was driven by strong sales growth in Nike's digital channels. Nike raises full-year sales forecast, ... Dec 20, 2020. Following the news release, NIKE management will host a conference call beginning at 2:00 p.m. PT to review results. )+[a-z]{2,63}/i);}, failureMessage: "Value must not contain any URL's"});field5.add(Validate.Presence, {failureMessage:"This field is required"});field5.add(Validate.Length, {tooShortMessage:"Invalid length for field value", tooLongMessage: "Invalid length for field value", minimum: 4, maximum: 4});function handleFormSubmit(ele) { var submitButton = ele.querySelector('input[type=submit]'); var spinner = document.createElement('span'); spinner.setAttribute('class', 'loader'); submitButton.setAttribute('disabled', true); submitButton.style.cursor = 'wait'; submitButton.parentNode.appendChild(spinner); return true; }function resetSubmitButton(e){ var submitButtons = e.target.form.getElementsByClassName('submit-button'); for(var i=0;i

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