Advertisement

EARNINGS

Share

* Nike Inc. said fiscal first-quarter profit rose 5% to $210.2 million, or 77 cents a share, beating analyst forecasts of 74 cents. Revenue was up 5.4% to $2.64 billion, led by big increases in sales in Asia and Latin America. Nike reported its earnings after the markets closed. Its Class B shares closed off 13 cents at $38.50 on the NYSE.

Advertisement