$Nike(NKE)$ NKE strong top line 3Q but costs outpace salesRevenue +14% COGS +21% (!) Net income -11%Dil EPS -9%$1.5 B buybackSurprised with SG&A being so high. Op overhead expense up by 17%. This caught my attention as well. both COGS and SG&A ahead of revenue. and inventories +16%https://twitter.com/DividendWave/status/1638280579044069407
Q4 Earnings Season
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