Nike: Quarterly EPS down 24%.

(CercleFinance.com) - Nike has reported Q2 2025 sales of $12.
4bn, down 8% as reported and -9% at constant exchange rates y-o-y.

Its gross margin fell by 100bp to 43.6%, resulting in net income of $1.2bn, down 26%, with EPS of $0.78, down 24%, although slightly ahead of expectations.

Nike's Q2 results largely met its expectations, as it continues to advance the reorganization of its portfolio, management said.

We are taking immediate steps to reposition our business to restore long-term value creation for our shareholders, it added.


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