Nike, Inc. (NYSE: NKE) released fiscal fourth quarter financial results after markets closed  Thursday. The apparel giant said that it had $0.62 in earnings per share (EPS) and $10.2 billion in revenue, compared with consensus estimates that called for $0.66 in EPS and $10.16 billion in revenue. The same period from last year had $0.69 in EPS and $9.79 billion in revenue.

In terms of the revenue breakdown, Nike brand revenues increased 10% to $9.7 billion on a currency neutral basis, driven by growth across NIKE Direct and wholesale, key categories including Sportswear, Jordan and Basketball, and continued growth across footwear and apparel.

Revenues for the Converse segment were flat at $491 million, mainly driven by double-digit growth in Asia and digital which was offset by declines in the U.S. and Europe.

During the second quarter, Nike repurchased a total of 10.6 million shares for roughly $897 million as part of its four-year, $15 billion program.

The company offered no guidance for the fiscal first quarter. However, the consensus estimates call for $0.79 in EPS and $10.64 billion in revenue.

Mark Parker, board chair, president and CEO, commented:

FY19 was a pivotal year for Nike as we continue to bring our Consumer Direct Offense to life throughout the marketplace. Our distinctive innovation and digital advantage led to accelerated growth across our complete portfolio, while our Brand fueled deeper relationships with consumers around the globe.

Shares of Nike closed Thursday at $83.66, with a 52-week range of $66.53 to $90.00. Following the announcement, the stock was down 1% at $82.76 in the after-hours session.

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