Edition:
United Kingdom

Nike Q2 Earnings Per Share $0.52


Thursday, 20 Dec 2018 

Dec 20 (Reuters) - Nike Inc ::NIKE, INC. REPORTS FISCAL 2019 SECOND QUARTER RESULTS.Q2 EARNINGS PER SHARE $0.52.Q2 EARNINGS PER SHARE ESTIMATE $0.46 -- REFINITIV IBES DATA.Q2 REVENUE $9.4 BILLION VERSUS REFINITIV IBES ESTIMATE OF $9.18 BILLION.QTRLY GROSS MARGIN INCREASED 80 BASIS POINTS TO 43.8 PERCENT.QTRLY REVENUES INCREASED 10 PERCENT TO $9.4 BILLION, UP 14 PERCENT ON A CURRENCY-NEUTRAL BASIS.QTRLY SELLING AND ADMINISTRATIVE EXPENSE INCREASED 14 PERCENT TO $3.1 BILLION.QUARTER-END INVENTORIES FOR NIKE, INC. WERE $5.4 BILLION, UP 1 PERCENT COMPARED TO PRIOR YEAR PERIOD.QTRLY NORTH AMERICA TOTAL REVENUE WAS $3,782 MILLION VERSUS $3,485 MILLION REPORTED LAST YEAR.QTRLY EUROPE, MIDDLE EAST & AFRICA TOTAL REVENUE WAS $ 2313 MILLION VERSUS $2,133 MILLION REPORTED LAST YEAR.QTRLY GREATER CHINA REVENUES $1,544 MILLION VERSUS $1,222 MILLION.