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Nike Inc Comments On Q3, Q4 2013 Revenue Guidance; Reaffirms FY 2013 Revenue Guidance-Conference Call

Thursday, 20 Dec 2012 10:00pm EST 

Nike Inc announced that for the third quarter of 2013, it expects revenue to grow at a low double-digit rate. For the fourth quarter of 2013, it expects mid-single-digit revenue growth. For both third quarter and fourth quarter of 2013, it expect reported revenue growth to be about 1 point lower. For fiscal 2013, it continue to expect high single to low double-digit revenue growth on a constant currency basis, with reported revenue expected to grow mid- to high single digits, reflecting weaker foreign currencies particularly the euro. The Company reported revenue of $25.313 billion in fiscal 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $6.096 billion for the third quarter of 2013; revenue of $6.720 billion for the fourth quarter of 2013. 

Company Quote

0.53 +0.59%
24 Oct 2014