Nike reported earnings Tuesday that beat expectations, but revenue and futures orders fell just short of estimates.
The sports apparel giant posted diluted fiscal fourth-quarter earnings of 49 cents per share on $8.24 billion in revenue. Earnings per share were flat from the prior-year quarter, while revenue climbed 6 percent from $7.78 billion.
Analysts expected Nike to report earnings of 48 cents per share on sales of $8.28 billion, according to a consensus estimate from Thompson Reuters.
"Our consistent growth is fueled by innovation, which is why fiscal 2016 was such a break through year for NIKE in everything we do," said Mark Parker, Nike's president and CEO.
But the company's shares fell more than 6 percent in after-hours trading.