Nike shares rise as earnings, sales top estimates, fueled by strong North American demand

A shopper carries a Nike shopping bag in San Francisco, California, on Monday, Dec. 6, 2021.

David Paul Morris | Bloomberg | Getty Images

Nike shares climbed more than 3% in extended trading Monday after the sneaker maker reported fiscal second-quarter earnings and sales that topped analysts’ expectations, despite ongoing supply chain pressures.

Here’s how Nike did in the three-month period ended Nov. 30 compared with what analysts were anticipating, using Refinitiv estimates:

  • Earnings per share: 83 cents vs. 63 cents expected
  • Revenue: $11.36 billion vs. $11.25 billion expected

Find the full earnings press release from Nike here.

This story is developing. Please check back for updates.

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