Updates
** Sportswear giant Nike's NKE.N shares reverse course, last down ~4% at $68.75 in extended trading
** Co expects fourth-quarter revenue to be down in mid-teens percentage range vs analysts' estimates of a 12.22% fall to $11.07 billion, as per data compiled by LSEG
** NKE also expects Q4 gross margins to be down about 400 to 500 basis points
** However, co posts smaller-than-expected drop in quarterly revenue owing to benefits from a holiday season and an uptick in demand
** NKE's Q3 revenue fell 9% to $11.27 billion, vs analysts' estimates of a 11.5% drop to $11.01 billion
** Logs quarterly profit of 54 cents per share vs analysts' estimates of 29 cents per share
** NKE fell about 30% in 2024
(Reporting by Anuja Bharat Mistry in Bengaluru)
((AnujaBharat.Mistry@thomsonreuters.com))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。