NYSE$NKE
NIKE · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Nike's Q3 2020 results were released, showcasing revenue growth despite challenges in Greater China due to COVID-19.
NIKE reported a 5% increase in revenue to $10.1 billion, driven by digital sales growth and strong performance in EMEA, APLA, and North America, although Greater China revenues were impacted by COVID-19. Diluted earnings per share were $0.53, which included a $0.25 non-recurring charge.
- Revenues increased by 5% to $10.1 billion, or 7% on a currency-neutral basis.
- Digital sales rose 36% compared to the previous year.
- Diluted earnings per share were $0.53, which included a $0.25 non-recurring charge.
- Greater China revenues decreased by 4% due to COVID-19 impacts.
Headline financials
Revenue & EPS history
Nike · Revenue · Quarterly
$10.1B
Revenue by segment
Nike · $10.1B total across 2 segments · Q3 2020
- NIKE Brand$9.62B+5.1%95.0%
- Converse$506M+9.3%5.0%
Forward guidance
NIKE is executing against an operational playbook that will expedite NIKE’s return to profitable, capital efficient growth leveraging our strong financial position, the strongest partnerships across the value chain in our industry, and our leading digital capabilities.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q3 2020
+0.5%
Avg return
Earnings day
+0.0%
Avg return
5 days after
+1.3%
Avg return
30 days after
56%
40 / 72 earnings
Positive
+25.8%
Q3 2020
Best reaction
-19.9%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | — | — | — | |
| Q3 2026 | -6.0% | -6.4% | — | |
| Q2 2026 | -5.3% | -8.6% | -1.9% | |
| Q1 2026 | +4.9% | +2.1% | -7.4% | |
| Q4 2025 | +0.2% | +2.8% | +6.9% | |
| Q3 2025 | -5.5% | -8.5% | -22.4% | |
| Q2 2025 | +0.1% | -0.1% | -7.9% | |
| Q1 2025 | -6.0% | -7.0% | -12.7% | |
| Q4 2024 | -19.9% | -19.2% | -22.9% | |
| Q3 2024 | -6.4% | -7.7% | -5.7% | |
| Q2 2024 | -11.0% | -11.0% | -16.2% | |
| Q1 2024 | +6.9% | +6.3% | +9.6% | |
| Q4 2023 | -2.4% | -3.5% | -3.9% | |
| Q3 2023 | -1.4% | -0.4% | +2.7% | |
| Q2 2023 | +12.4% | +12.8% | +20.8% | |
| Q1 2023 | -15.8% | -10.2% | -4.9% | |
| Q4 2022 | -9.0% | -10.4% | -4.5% | |
| Q3 2022 | +1.4% | +1.9% | +3.5% | |
| Q2 2022 | +3.3% | +2.7% | -10.1% | |
| Q1 2022 | -5.0% | -7.7% | +3.8% | |
| Q4 2021 | +16.0% | +17.2% | +25.0% | |
| Q3 2021 | -5.1% | -5.3% | -7.3% | |
| Q2 2021 | +2.5% | +0.9% | +0.2% | |
| Q1 2021 | +12.1% | +9.6% | +14.7% | |
| Q4 2020 | -6.4% | -2.0% | -1.6% | |
| Q3 2020 | +25.8% | +32.5% | +39.1% | |
| Q2 2020 | -0.6% | -0.4% | +3.9% | |
| Q1 2020 | +3.6% | +5.3% | +4.3% | |
| Q4 2019 | +1.7% | +2.9% | +6.0% | |
| Q3 2019 | -5.2% | -3.8% | +2.9% | |
| Q2 2019 | +4.9% | -1.3% | +16.6% | |
| Q1 2019 | -0.7% | +0.5% | -13.3% | |
| Q4 2018 | +11.7% | +6.9% | +7.8% | |
| Q3 2018 | -2.6% | -0.3% | -0.4% | |
| Q2 2018 | -0.5% | +0.1% | +5.7% | |
| Q1 2018 | -1.1% | -2.6% | +6.7% | |
| Q4 2017 | +10.6% | +9.9% | +10.0% | |
| Q3 2017 | -8.1% | -4.0% | -3.9% | |
| Q2 2017 | +2.9% | +2.1% | +4.1% | |
| Q1 2017 | -2.1% | -3.2% | -4.6% | |
| Q4 2016 | +6.2% | +7.2% | +6.9% | |
| Q3 2016 | -3.5% | — | — | |
| Q2 2016 | -0.8% | — | — | |
| Q1 2016 | +8.3% | — | — | |
| Q4 2015 | +3.3% | — | — | |
| Q3 2015 | +4.6% | — | — | |
| Q2 2015 | +0.4% | — | — | |
| Q1 2015 | +10.7% | — | — | |
| Q4 2014 | +1.6% | — | — | |
| Q3 2014 | -5.0% | — | — | |
| Q2 2014 | -1.6% | — | — | |
| Q1 2014 | +6.8% | — | — | |
| Q4 2013 | +2.9% | — | — | |
| Q3 2013 | +8.6% | — | — | |
| Q2 2013 | +7.5% | — | — | |
| Q1 2013 | -0.6% | — | — | |
| Q4 2012 | -10.5% | — | — | |
| Q3 2012 | -2.7% | — | — | |
| Q2 2012 | +3.2% | — | — | |
| Q1 2012 | +3.4% | — | — | |
| Q2 2011 | -1.0% | — | — | |
| Q4 2011 | -1.0% | — | — | |
| Q3 2011 | +0.2% | — | — | |
| Q1 2011 | -0.4% | — | — | |
| Q4 2010 | +1.5% | — | — | |
| Q3 2010 | +0.1% | — | — | |
| Q3 2009 | +0.1% | — | — | |
| Q2 2009 | +0.4% | — | — | |
| Q2 2010 | +0.4% | — | — | |
| Q1 2010 | +0.3% | — | — | |
| Q4 2009 | +0.3% | — | — | |
| Q4 2008 | +0.3% | — | — | |
| Q1 2009 | +0.3% | — | — |
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