NIKE (NKE) Revenue — Quarter Ended Nov 30, 2024
Revenue for the second quarter of fiscal 2025 declined compared with the same quarter one year earlier, but increased compared with the immediately preceding quarter. The company is executing strategic initiatives under new leadership, including repositioning its digital platform and strengthening wholesale partnerships.
Key takeaway
Quarter ended Nov 30, 2024 · FY2025 Q2
Revenue for the second quarter of fiscal 2025 declined compared with the same quarter one year earlier, but increased compared with the immediately preceding quarter. The company is executing strategic initiatives under new leadership, including repositioning its digital platform and strengthening wholesale partnerships.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$12.4B
Revenue reported for this quarter.
Quarter-over-quarter
+6.6%
Change from the immediately preceding quarter.
Year-over-year
-7.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$49B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Feb 29, 2024 | $12.4B | +0.3% |
| May 31, 2024 | $12.6B | -1.7% |
| Aug 31, 2024 | $11.6B | -10.4% |
| Nov 30, 2024 | $12.4B | -7.7% |
Revenue performance
Revenue decreased from the same quarter last year, reflecting a year-over-year decline, while it recovered from the prior quarter's level.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased. Compared with the same quarter one year earlier, revenue was lower.
What to watch
Monitor the company's progress in repositioning its digital platform and wholesale efforts under the new CEO.