$Nike(NKE)$ 3rd quarter results is out! The final number seem ok and EPS of 35 cents beat analysts expectations! The forecast foe 4th quarter woukd be down another 2-4% seem ok to me! Pls dyodd. 

Third quarter revenues were $11.3 billion, flat on a reported basis and down 3 percent on a

currency-neutral basis*

• Wholesale revenues were $6.5 billion, up 5 percent on a reported basis and up 1 percent on a

currency-neutral basis

• NIKE Direct revenues were $4.5 billion, down 4 percent on a reported basis and down 7

percent on a currency-neutral basis

• Gross margin decreased 130 basis points to 40.2 percent

• Diluted earnings per share was $0.35

"This quarter we took meaningful actions to improve the health and quality of our business. The

pace of progress is different across the portfolio and the areas we prioritized first continue to drive

momentum," said Elliott Hill, President and Chief Executive Officer, NIKE, Inc. "The work is not

finished, but the direction is clear, our teams are moving with focus and urgency, and our

foundation is getting even stronger to build the future of NIKE."

"We delivered third quarter results in line with our expectations, and our teams continue to execute

with discipline," said Matthew Friend, Executive Vice President and Chief Financial Officer, NIKE,

Inc. "Win Now actions will continue to impact results over the balance of the calendar year, and we

remain confident in our ability to position the Company for profitable growth long-term."