A customer enters a Nike store along the Magnificent Mile shopping district on December 21, 2022 in Chicago, Illinois.
Scott Olson | Getty Images
Shares dropped more than 4% in extended trading. The stock has fallen about 3% this year.
Here’s how the sneaker giant performed during the quarter compared with what Wall Street was anticipating, based on a survey of analysts by Refinitiv:
- Earnings per share: 66 cents vs. 67 cents expected
- Revenue: $12.83 billion vs. $12.59 billion expected
The company’s reported net income for the…