Jul. 1 at 4:32 AM
$NKE This is why it didn't tank 10% yet..
- Revenue:
$10.97B vs
$10.86B est 🟢
- Net income:
$1.07B vs
$201M est 🟢
- EPS:
$0.72
- Gross margin: 49.2%
- Gross profit:
$5.39B
- Pretax profit:
$1.33B
Revenue edged past estimates, but the story is the bottom line: net income came in more than 5x what Wall Street expected, on a 49.2% gross margin. 🤑