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Nike reports Q1 EPS 70c, consensus 52c

Reports Q1 revenue $11.6B, consensus $11.65B. “NIKE’s first quarter results largely met our expectations. A comeback at this scale takes time, but we see early wins – from momentum in key sports to accelerating our pace of newness and innovation,” said Matthew Friend, Executive Vice President and Chief Financial Officer, NIKE, Inc. “Our teams are energized as Elliott Hill returns to lead NIKE’s next stage of growth.”

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