Nike guides for healthy growth, shares -1.4% AH

|About: Nike Inc. (NKE)|By:, SA News Editor

Nike (NKE) has guided on its FQ2 CC for FQ3 Y/Y revenue growth in the high single-digit to low double-digit range (consensus is for 8.8% growth), and FQ4 revenue growth in the low double-digit range. For reference, FQ2 revenue grew 8% Y/Y.

With shares up 52% YTD going into Nike's FQ2 report, expectations were high.

FQ2 results, futures orders