Nike Inc news and archive

Nike Q2 earnings rise 13 percent driven by double-digit revenue growth

American retailer of athletic footwear, sportswear, equipment and accessories Nike said on Thursday its Q2 revenue for 2018 increased by 10 percent or 14 percent on currency neutral. The company said, this double-digit revenue growth was driven by strategic execution of the Consumer Direct Offense across all dimensions of the portfolio globally....

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Nike Q1 revenues jump 10 percent

Nike, the American retailer of athletic footwear, sportswear, equipment and accessories, said on Tuesday its Q1 revenue for 2018 increased 10 percent, while profit increased by 15 percent from the same period last year. The company’s sales in Q1 2018 were 9.9 billion US dollars, up from 9 billion US dollars a year earlier. Net profit rose to 1.1...