Thursday, March 23, 2017

Nike Inc. (NKE) Tumbled To A 6-Week Low After Q3 Sales Missed

Nike Inc. (NKE) reported third quarter EPS of $0.68 after the close Tuesday, up from $0.55 a year ago. Revenues rose 5.0% to $8.43 billion from $8.03 billion last year. The consensus estimates were for EPS of $0.53 and revenues of $8.47 billion.

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