Nike reports Q4 EPS 14c, consensus 12c

Reports Q4 revenue $11.1B, consensus $10.72B. “While our financial results are in-line with our expectations, they are not where we want them to be. Moving forward, we expect our business to improve as a result of the progress we’re making through our Win Now actions,” said Elliott Hill, President & CEO, NIKE (NKE), Inc. “As we enter a new fiscal year, we are turning the page and the next step is aligning our teams to lead with sport through what we are calling the sport offense. This will accelerate our Win Now actions to reposition our business for future growth.”