(Bloomberg) -- Nike Inc. gained in extended U.S.
trading after the world's largest athletic-shoe maker said
fourth-quarter profit climbed 32 percent on increased overseas
demand and higher clothing and equipment sales in the U.S.
Shares of Beaverton, Oregon-based Nike climbed $2.78, or
5.2 percent, to $56.60 at 6 p.m. New York time. Net income rose
to 86 cents a share from 64 cents a year earlier, matching
analysts' estimates.
Read more at Bloomberg Stocks News
trading after the world's largest athletic-shoe maker said
fourth-quarter profit climbed 32 percent on increased overseas
demand and higher clothing and equipment sales in the U.S.
Shares of Beaverton, Oregon-based Nike climbed $2.78, or
5.2 percent, to $56.60 at 6 p.m. New York time. Net income rose
to 86 cents a share from 64 cents a year earlier, matching
analysts' estimates.
Read more at Bloomberg Stocks News
No comments:
Post a Comment