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Nike Inc Release Q1 Fiscal 2024 Financial Results

NIKE, Inc. has reported fiscal 2024 financial results for its first quarter ended August 31, 2023. First quarter revenues were $12.9 billion, up 2 percent compared to prior year on a reported and currency-neutral basis NIKE Direct revenues were $5.4 billion, up 6 percent compared to prior year on a reported and currency-neutral basis with growth across all geographies NIKE Brand Digital sales increased 2 percent on a reported and currency-neutral basis Wholesale revenues were $7.0 billion,…