NIKE, Inc. (NYSE:NKE ) Q2 2025 Earnings Conference Call December 19, 2024 5:00 PM ET Company Participants Paul Trussell - Vice President of Corporate Finance and Treasurer Elliott Hill - President and CEO Matt Friend - CFO Conference Call Participants Bob Drbul - Guggenheim Michael Binetti - Evercore Bank of America - Lorraine Hutchinson Adrienne Yih - Barclays Jay Sole - UBS Matthew Boss - JP Morgan Jon Komp - Baird Brooke Roach - Goldman Sachs Ike Boruchow - Wells Fargo Operator Good afternoon, everyone. Welcome to NIKE, Inc.'s Fiscal 2025 Second Quarter Conference Call.
The headline numbers for Nike (NKE) give insight into how the company performed in the quarter ended November 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Analysts said CEO Elliott Hill faces tough critics and a long slog to claw back lost market.
Nike (NKE) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $1.03 per share a year ago.
For over 12 years, Nike (NKE) has partnered and collaborated with the NFL as the exclusive provider of uniforms and apparel for all 32 teams in the league. Earlier this week the sportswear giant announced they will be extending their contract with the NFL through 2038.
Nike (NKE) shares jumped in extended trading Thursday after the athletic apparel maker topped analysts' estimates with its fiscal second-quarter results, its first since new CEO Elliott Hill took over in October.
Nike Inc (NYSE:NKE, ETR:NKE) reported fiscal second-quarter earnings that surpassed Wall Street expectations, offering a bright spot for new CEO Elliott Hill in his debut earnings call. The sportswear giant posted earnings per share of $0.78, beating analysts' estimates of $0.64.
Shares of Nike Inc. rallied after hours on Thursday after the sneaker maker reported quarterly results that topped expectations, following a big leadership shakeup at the company earlier this year.
Nike beat quarterly profit expectations and posted a smaller-than-expected drop in revenue on Thursday, as customers flocked to the embattled sportswear brand's stores and website to buy newly released versions of performance and running shoes.
Nike Inc NKE will be reporting its second-quarter earnings on Thursday. Wall Street expects 64 cents in EPS and $12.13 billion in revenues as the company reports after market hours.
Nike will report fiscal second-quarter earnings after the bell. Analysts are expecting earnings per share of 64 cents on revenue of $12.18 billion, according to LSEG.
Ahead of Nike (NKE) earnings, Kevin Hincks examines the athleisure retailer and provides an example options trade. Meanwhile, Boeing (BA) announced a resumption of production for 767 and 777 jets.