Nike pops on earnings and revenue beat; North America returns to growth

Global sneaker giant Nike (NKE) reported above consensus earnings and revenue numbers for the fourth quarter, surpassing the management’s expectation of high single-digit revenue growth it cited in last quarter’s earnings call. The sales growth was driven by the double-digit revenue increase in the company’s international markets and North America’s return to growth in this … Continue reading Nike pops on earnings and revenue beat; North America returns to growth