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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Nike Inc | NYSE:NKE | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-1.41 | -1.53% | 90.85 | 91.87 | 90.09 | 91.64 | 9,784,400 | 00:37:50 |
By Kimberly Chin
Nike Inc. said its profit fell in the fiscal third quarter as costs and expenses notched higher.
For the quarter ended Feb. 29, the Beaverton, Ore.-based athletic company's profit was $847 million, or 53 cents a share, down from $1.1 billion, or 68 cents a share, a year earlier. Analysts were expecting a per-share profit of 51 cents, according to FactSet.
Sales rose to $10.1 billion from $9.61 billion a year earlier. Analysts estimated sales of $9.81 billion.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
March 24, 2020 16:44 ET (20:44 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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