Nike: Q4 EPS slumps 86%

Published: 2025-06-27 02:09:12 ET NKE

Published on 06/27/2025 at 02:09

Nike has reported an 86% drop in EPS to $0.14 for Q4 2024-25, partly due to a 15% increase in demand creation costs, with higher marketing expenses.The sportswear supplier's gross margin declined 4.4 points to 40.3%, due to higher markdowns and channel mix changes, on revenue of $11.1bn, down 12% (-11% in local currencies).Q4 reflected the most significant financial impact of our Win Now actions, and we expect the headwinds to ease from here on out, CFO Matthew Friend said. The executive also said that he is confident in the group's ability to navigate the current uncertain and changing environment by focusing on what it can control and executing its Win Now actions.Copyright (c) 2025 CercleFinance.com - All rights reserved.