Nike quarterly sales rise 7.6 percent | Reuters

Nike Inc (NKE.N), the world's largest footwear maker, reported a 7.6 percent rise in quarterly sales, helped by strong demand for its running and basketball footwear, and athletic apparel.

Net income rose to $950 million, or 55 cents per share, in the third quarter ended Feb. 29 from $791 million, or 45 cents per share, a year earlier.

Revenue rose to $8.03 billion from $7.46 billion.

(Reporting by Ramkumar Iyer in Bengaluru; Editing by Anil D'Silva)

This story has not been edited by Firstpost staff and is generated by auto-feed.


Published Date: Mar 23, 2016 02:30 am | Updated Date: Mar 23, 2016 02:30 am


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