Nike Q4 Earnings Highlights: Revenue Miss, EPS Beat, 'Taking Our Near-Term Challenges Head-On'

Loading...Loading...Apparel and footwear company Nike Inc NKE reported fourth-quarter financial results after the market close Thursday.Here are the key highlights.What Happened: Nike reported fourth-quarter revenue of $12.6 billion, down 2% year-over-year. The revenue total missed a Street consensus estimate of $12.91 billion, according to data from Benzinga Pro.Nike Direct revenue was $5.1 billion in the fourth quarter, down 8% year-over-year. Wholesale revenues were $7.1 billion in the fourth quarter, up ...