Company Earnings UpdateNike (NYSE: NKE) 1Q20 Results: Growth Across All Geographies, Led by Product Innovation and Digital Coresight Research September 25, 2019 Executive Summary Nike 1Q20 revenues rose 7.1% to $10.66 billion, driven by growth across all geographies, beating the $10.44 billion consensus estimate. By region, China grew most rapidly, at 22% to $1.68 billion, with equal growth in footwear, apparel and equipment. For 2Q20, Nike expects 7% revenue growth (in line with Q1 reported revenue growth) and a 25-bps increase in gross margin. For FY20, Nike expects high single-digit constant-currency revenue growth. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: February 2025 US Retail Sales: First Year-Over-Year Drop Since the Pandemic—Electronics and Department Stores Lead DeclinesWeekly UK Store Openings and Closures Tracker 2025, Week 13: Kingfisher Announces Store Expansion Plans; Whole Foods Opens New London StoreEarnings Insights 1Q25, Week 2: Adidas, CVS, Sprouts and More Report Solid Sales Growth—InfographicAmazon Prime Day 2025 Wrap-Up: US Purchase Rate Jumps as Retail Rivalry Heats Up—Exclusive Data Insights
