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Nike (NKE)
NYSE:NKE
Holding NKE?
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Earnings Data
Report Date
Mar 20, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
$0.32Last Year’s EPS
$0.98Same Quarter Last Year
Moderate Buy
Based on 32 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 19, 2024
|% Change Since: -3.18%
|Next Earnings Date:Mar 20, 2025
Earnings Call Sentiment|Neutral
The earnings call highlights Nike's strategic focus on reinvesting in product innovation and brand marketing to drive long-term growth. However, there are significant short-term challenges, including revenue declines, gross margin pressures, and difficulties in key markets like Greater China, which the company is addressing with urgency.Company Guidance
During Nike's Q2 2025 earnings call, the company provided guidance that reflects a strategic pivot towards revitalizing its brand through sport-centered initiatives and marketplace adjustments. Revenues were down 8% on a reported basis and 9% currency-neutral, largely due to franchise management actions. Nike Direct sales dropped 14%, with digital sales declining 21%. Gross margins fell by 100 basis points to 43.6% due to heightened markdowns and discounts. The company plans to shift Nike Digital to a full-price model and reduce promotions, which will initially pressure earnings but aim to stabilize long-term growth. Strategic investments will focus on brand marketing, especially around global sports moments, and inventory will be aggressively managed to create capacity for new product lines, with a notable decline in classic footwear franchises. Nike expects Q3 revenues to decline by low double digits, with a gross margin decrease of 300 to 350 basis points, as they implement these measures.Strong Brand and Athlete Partnership
The company has reaffirmed long-term partnerships with major sports leagues, including the NFL, NBA, and WNBA, and has signed agreements with key entities like Brazil Football Confederation and FC Barcelona.
Growth in Sport Performance
Sport performance fields of play grew year-over-year, with significant growth in men's and women's training and basketball.
Strategic Product and Brand Investments
Nike is investing in product innovation and brand marketing, focusing on major sports like running, basketball, training, and football to drive growth.
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NKE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NKE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 19, 2024 | $77.10 | $76.94 | -0.21% |
| Oct 01, 2024 | $88.68 | $82.68 | -6.77% |
| Jun 27, 2024 | $93.30 | $74.65 | -19.99% |
| Mar 21, 2024 | $99.47 | $92.61 | -6.90% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Nike (NKE) report earnings?
Nike (NKE) is schdueled to report earning on Mar 20, 2025, TBA Not Confirmed.
What is Nike (NKE) earnings time?
Nike (NKE) earnings time is at Mar 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NKE EPS forecast?
NKE EPS forecast for the fiscal quarter 2025 (Q3) is $0.32.
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