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Nike is running STRONG – 2019 quaterly earning

Nike quaterly earning 2019

Nike latest quaterly earning.

Nike’s latest quarterly earnings, which it posted yesterday, were very much in shape.

The athletic giant’s earnings and sales beat analysts’ expectations (revenue of $10.33 billion instead of $10.09 billion) and the company’s Jordan brand reported its first-ever $1 billion quarter.

The one slightly sour note was that North American sales were $3.98 billion instead of the anticipated $4 billion.

The brand’s famous swoosh now also appears on the front of Major League Baseball uniforms thanks to a new ten-year deal that’s allegedly worth $1 billion.

 

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