NIKE Q1 Revenues $12.939B vs $12.98B Est.
Portfolio Pulse from Benzinga Newsdesk
Nike's Q1 revenues were reported at $12.939B, slightly below the estimated $12.98B.
September 28, 2023 | 8:16 pm
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NEGATIVE IMPACT
Nike's Q1 revenues were slightly below the estimated $12.98B, coming in at $12.939B.
Nike's revenues for Q1 were slightly below the estimated $12.98B. This could potentially lead to a negative short-term impact on the stock as it indicates a lower than expected performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100