Nike (NKE) Reports Q3 Earnings: What Key Metrics Have to Say

Core Insights - Nike reported $11.27 billion in revenue for the quarter ended February 2025, reflecting a year-over-year decline of 9.3$0.54 compared to $0.98 a year ago, with a revenue surprise of +2.13$11.03 billion and an EPS surprise of +92.86% over the consensus estimate of $0.28 [1] Revenue Performance - North America revenue was$4.86 billion, exceeding the estimated $4.44 billion, but down 4.1$1.47 billion, below the estimated $1.53 billion, representing a decline of 10.8$2.81 billion, surpassing the estimate of $2.78 billion, with a year-over-year decline of 10.4$1.73 billion, below the estimated $1.82 billion, marking a significant decline of 16.8$10.89 billion, exceeding the estimate of $10.59 billion, with a year-over-year decline of 8.9$405 million, below the estimated $456.77 million, reflecting an 18.2$12 million, exceeding the estimate of $9.79 million, with a year-over-year increase of 33.3$26 million, worse than the estimated -$16.05 million, showing an improvement of 85.7$7.21 billion, surpassing the estimate of $7.06 billion, with a year-over-year decline of 11.7$477 million, slightly below the estimated $490.77 million, with a year-over-year decline of 2.1$3.19 billion, exceeding the estimate of $3.02 billion, with a year-over-year decline of 3% [4] Stock Performance - Nike shares returned -4.9% over the past month, compared to the Zacks S&P 500 composite's -7.5% change, indicating relative outperformance [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]