BUZZ-Nike falls after reporting fall in quarterly revenue

NIKE, Inc. Class B

NIKE, Inc. Class B

NKE

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** Nike's NKE.N shares fall 3.5% to $39.62 after the bell

** Nike reports Q4 revenue of $10.97 billion, down 1.2% from a year ago, but ahead of analysts' average estimate of $10.86 billion, according to data compiled by LSEG

** Posts Q4 reported earnings per share of 72 cents, beating the consensus estimate of 13 cents

** "While we continue to face top-line headwinds, we're encouraged by progress in performance product and are focused on consistent execution, improved profitability and scaling our wins to realize our full potential" — CEO Elliott Hill

** Nike's shares have fallen 35.6% YTD


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