Nike Q3 Earnings Highlights!
- Revenue $10.9Bn (+5% YoY)
- Gross margin 46.6% (+100bps YoY)
- Brand Digital Sales +19% YoY
- Direct Sales $4.6Bn (+15% YoY)
Nearly all of our supplier base is operational without restrictions
Our growth in the third quarter would have been even higher if we had more significant quantities of available inventory to meet marketplace demand.
Gross margin increased 100 basis points versus the prior year