Nike, Inc. has beat profit expectations, reporting Tuesday that fiscal 2023 second quarter revenues were $13.3 billion for the three-month period ended November 30, up 17% compared to the prior-year comparable period and up 27% on a currency-neutral basis.
Overall revenues for the Nike brand were $12.7 billion, up 18% on a reported basis and up 28% on a currency-neutral basis, with strong growth across all geographies and channels.