shares jumped 4% after-hours, after rising 0.4% in regular session to close at $ 133.60.
Revenue reached $ 12.34 billion, up from $ 6.31 billion in the quarter last year, when physical stores were closed due to the pandemic.
Analysts polled by FactSet had forecast a profit of 51 cents a share on revenue of $ 11.03 billion.
“As we move forward on our consumer-centric digital transformation, we are building a new financial model that will continue to fuel long-term, sustainable and profitable growth for Nike,” said Matt Friend, Chief Financial Officer of Nike, in a press release.
Nike shares have risen nearly 34% in the past 12 months, compared to a 34% increase by the Dow Jones Industrial Average DJIA,
of which Nike is a component, and a 40% gain in the S&P 500 SPX index,