Lates News

Nike's fourth-quarter revenue was $10.97 billion, a decrease of 1.1% year-on-year. Overall Nike brand revenue for the fourth quarter was $10.72 billion, a decrease of 0.4% year-on-year. EBIT for the Greater China region in the fourth quarter was $243 million, a decrease of 20% year-on-year. Gross profit margin for the fourth quarter was 49.2%, compared to 40.3% in the same period last year. Earnings per share for the fourth quarter were $0.72, compared to $0.14 in the same period last year. Nike's stock rose 5% after hours.