Nike Q1 Profit Up 33% - Quick Facts

(RTTNews) - Nike, Inc. (NKE) Thursday reported first-quarter profit of $780 million or $0.86 per share, up from $567 million or $0.63 per share in the same period last year.

On average, 24 analysts polled by Thomson Reuters expected the company to earn $0.78 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues improved 8 percent to $6.97 billion from $6.47 billion last year. Analysts expected revenues of $6.96 billion.

NIKE brand revenues totaled $6.5 billion, up 7 percent on a currency neutral basis. Revenues for Converse were $494 million, up 16 percent on a currency neutral basis, driven by strong performance in the U.K, North America and China.