YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Nike reports higher quarterly earnings, revenue

Posted online

Nike Inc. posted higher fiscal third-quarter earnings and revenue compared with the same time a year earlier.

Net income rose to roughly $1.5 billion, up from $847 million in the same quarter a year ago. Revenue was up to $10.4 billion from $10.1 billion.

However, both profits and sales were lower than expected by analysts.

Read more from MarketWatch.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: The Sweet Deal

A baked goods vendor at Farmers Market of the Ozarks expanded to a brick-and-mortar operation; the first lending center for Old Missouri Bank opened; and London Calling Pasty Co. added a new food truck.

Most Read
SBJ.net Poll
Have you left Twitter since Elon Musk's takeover?

*

View results

Update cookies preferences