Nike Q2 2025: EPS $0.78 and Revenue $12.4B Beat Expectations Amid Declines

Dec 19, 2024, 09:18 PM

Nike Inc. reported its fiscal Q2 2025 earnings, surpassing expectations with an earnings per share (EPS) of $0.78 against the anticipated $0.64. The company's revenue reached $12.4 billion, exceeding the forecasted $12.13 billion. Despite these beats, Nike faced challenges with a year-over-year revenue decline of 8%, or 9% on a currency-neutral basis. The Nike Direct segment saw a 13% decrease in revenue, while wholesale revenue dropped by 3%. The gross margin stood at 43.6%, slightly above the estimated 43.1%. Inventory levels were reported at $7.98 billion, higher than the expected $7.65 billion. Nike's EPS declined by 24% year-over-year, with Nike Brand revenue at $12.0 billion, down 7% from the previous year. In North America, revenue remained steady at $5.01 billion. Nike's performance in the quarter reflects a complex market environment, with the company outperforming on key financial metrics but still grappling with declines in certain areas.