1、Investor Contact:Media Contact:Paul TrussellVirginia Rustique-PNIKE,INC.REPORTS FISCAL 2025 SECOND QUARTER RESULTSBEAVERTON,Ore.,Dec.19,2024 NIKE,Inc.(NYSE:NKE)today reported fiscal 2025 financial results for its second quarter ended November 30,2024.Second quarter revenues were$12.4 billion,down 8
2、percent on a reported basis compared to the prior year and down 9 percent on a currency-neutral basis*NIKE Direct revenues were$5.0 billion,down 13 percent on a reported basis and down 14 percent on a currency-neutral basisWholesale revenues were$6.9 billion,down 3 percent on a reported basis and do
3、wn 4 percent on a currency-neutral basisGross margin decreased 100 basis points to 43.6 percentDiluted earnings per share was$0.78After an energizing 60 days of being back with my NIKE teammates,our clear priority is to return sport to the center of everything we do,said Elliott Hill,President&CEO,N
4、IKE,Inc.Were taking immediate action to reposition our business,so we can get back to driving long-term shareholder value.Our team is ready to go,and Im confident you will see more moments of NIKE being NIKE again.NIKEs second-quarter financial performance largely met our expectations,as we continue
5、 to make progress in shifting our portfolio,said Matthew Friend,Executive Vice President and Chief Financial Officer,NIKE,Inc.Under Elliotts leadership,we are accelerating our pace and reigniting brand momentum through sport.Second Quarter Income Statement ReviewRevenues for NIKE,Inc.were$12.4 billi
6、on,down 8 percent on a reported basis compared to the prior year and down 9 percent on a currency-neutral basis.NIKE Brand revenues were$12.0 billion,down 7 percent on a reported basis and down 8 percent on a currency-neutral basis,driven by declines across all geographies.NIKE Direct revenues were$