Nike Q2 Financial Results: Sales Increased by 17% to $13.3 billion, with Discounts Being “Double-edged Sword”

12月 21, 2022

On December 20, American sportswear giant Nike reported its fiscal 2023 financial results for its second quarter ended November 30, 2022.
Nike recorded a revenue of $13.3 billion for the second quarter, up to 17% compared to the prior year, and up to 27% on a currency-neutral basis, mainly benefited from the double-digit growth of sales in North America and Europe and the good performance of the Nike brand. Analysts previously predicted that Nike’s sales in the second quarter would rise by nearly 11%, estimated to be $12.57 billion, based on the data of IBIS (Institutional Broke …

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