Nike (NYSE:NKE) reported quarterly earnings of $0.49 per share which beat the analyst consensus estimate of $0.27 by 82.16 percent. This is a 30 percent decrease over earnings of $0.70 per share from the same period last year. The company reported quarterly sales of $11.720 billion which beat the analyst consensus estimate of $11.000 billion by 6.55 percent. This is a 1.13 percent increase over sales of $11.589 billion the same period last year.