News Summary: Nike 3rd-quarter net income rises
Published: March 21, 2013
Leave a comment
THE NEWS: Nike Inc. said its third-quarter net income rose 55 percent as strong results in North America helped offset weakness elsewhere. Revenue rose 9 percent to $6.19 billion, helped by strength in its Nike brand.
Advertisement
THE CONTEXT: Like most global companies, Nike has been dealing with a weak Europe and a slowdown of growth in China. In response the company has focused on its North American operations.
WHAT'S NEXT: Orders for Nike shoes and apparel to be delivered between May and July rose 6 percent globally.
If you prefer your thoughts to appear in The Oklahoman's Opinion section, we encourage you to submit a letter to the editor.
New Rule in VIRGINIA:
(APR 2013): If You Pay For Car Insurance You Better Read This...
www.ConsumerFinanceDaily.com
(APR 2013): If You Pay For Car Insurance You Better Read This...
www.ConsumerFinanceDaily.com
Mortgage Rates Hit 2.50%
White House Program Cuts Up to $1k off Monthly Payments! (2.90% APR)
www.SeeRefinanceRates.com
White House Program Cuts Up to $1k off Monthly Payments! (2.90% APR)
www.SeeRefinanceRates.com
Prev
