Shares of NIKE, Inc (NYSE:NKE) fell sharply in today's pre-market trading following first-quarter results.br br The company reported first-quarter revenue of $11.59 billion, missing analyst estimates of $11.65 billion. The athletic footwear and apparel company reported first-quarter earnings of 70 cents per share, beating analyst estimates of 52 cents per share.br br NIKE shares declined 5.5 to $84.25 in pre-market trading.