Yahoo Finance Digital sales and China emerged as the twin pillars lifting Nike’s Q2 earnings
December 19, 2020
The sportswear giants’ Q2 revenue came in at $11.2 billion vs. $10.55 billion expected and $10.33 billion year over year. Earnings per share came in at 78 cents vs. 62 cents expected and 70 cents year over year. Digital sales and China emerged as the twin pillars lifting Nike’s Q2 earnings, with digital sales increasing by 84%, representing the third straight quarter of roughly 80% growth, and Greater China led all regions with revenue growth of 24%. yahoo! finance
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