NIKE (NKE) Q3 Earnings Surpass Estimates, Revenues Up Y/Y

NIKE Inc. (NKE) reported third-quarter fiscal 2024 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. Moreover, sales improved year over year. Results particularly gained from robust retail sales across Nike Direct. NKE also continued to benefit from its business strategy, compelling product innovation and digital leadership.In third-quarter fiscal 2024, the company’s earnings per share (EPS) were 98 cents, down 3% from the year-ago quarter. However, the figure beat the Zacks Conse ...