Textile Monitoring

Nike posts 11 percent earnings growth in Q2

"Revenues in the second quarter at Nike increased 6 percent to 8.2 billion dollars, up 8 percent on a currency neutral basis. The company said global consumer demand drove revenue growth across the Nike Brand portfolio. Nike said, diluted earnings per share were up 11 percent and grew faster than revenue, primarily due to selling and administrative expense leverage and a lower average share count."


fashionunited.uk