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.
Firstpost is now on WhatsApp. For the latest analysis, commentary and news updates, sign up for our WhatsApp services. Just go to Firstpost.com/Whatsapp and hit the Subscribe button.
Updated Date: Mar 23, 2016 02:30:14 IST