Reuters logo
Nike's profit rises on strong sales in North America, Europe
June 26, 2014 / 8:31 PM / 3 years ago

Nike's profit rises on strong sales in North America, Europe

June 26 (Reuters) - Sports wear maker Nike Inc reported a rise in quarterly profit, helped by strong sales of its apparel and footwear in North America and Western Europe.

The company’s net income from continuing operations rose to $698 million, or 78 cents per share, in the fourth quarter ended May 31 from $690 million, or 76 cents per share, a year earlier.

Revenue from continuing operations rose 13 percent to $7.43 billion, excluding the impact of currency fluctuations. (Reporting by Devika Krishna Kumar in Bangalore; Editing by Kirti Pandey)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below