In North America, revenue dropped 10% year over year, as Nike said shipments have been delayed by more than three weeks.
Nike reported higher third-quarter profits Thursday even though sales growth was hurt by delays caused by widespread port congestion in the United States and ongoing store closures in Europe.
Nike reported net income of $1.45 billion, or 90 cents per share, compared with $847 million, or 53 cents per share, a year earlier. That was better than the 76 cents per share that analysts were expecting, based on Refinitiv data.
Total sales rose to $10.36 billion from $10.1 billion a year earlier. That was lower than the $11.02 billion forecast by analysts.
The company said it anticipates lockdowns will start to ease in Europe next month and delivery windows will slowly improve in North America through the remainder of the year.
Its shares were down more than 2% in after-hours trading.
