Nike exceeded slightly the average estimate of analysts for the quarterly revenue, when new releases of footwear and clothing boosted sales in North America.
Revenue rose 9.7 percent, to $ $9.95 billion, surpassing estimates of $ $9.94 billion, according to Thomson Reuters I/B/E/s. in North America, sales rose 6%, second high then, showing signs of recovery after competition from rivals Adidas and Under Armour press sales in three of the previous four quarters.
The company's net income rose to $ $1.09 billion, or $ $0.67 per share, in the quarter ended Aug. 31, compared with $ $950 million, or $ $0.57 per share, a year earlier.
G1 - 25/09/2018
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