What Nike's Earnings Mean for Mutual Fund Investors

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What Nike's Earnings Mean for Mutual Fund Investors

Shauna O'Brien Sep 26, 2014

Inside Nike’s Earnings

Nike reported earnings of $962 million, or $1.09 per share, up from $779 million, or 86 cents per share, in the same quarter last year.

Analysts expected to see earnings of 88 cents per share.

Revenue increased to $7.98 billion from $6.97 billion a year ago. Nike noted that its online sales have increased 70%.

Analysts expected to see revenue of $7.83 billion.

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