Individuals stroll previous a retailer of the sporting items retailer Nike Inc. at a procuring complicated in Beijing, China March 25, 2021.
Florence Lo | Reuters
Nike on Tuesday reported quarterly outcomes that simply topped Wall Avenue’s expectations, whilst stock and prices squeezed the corporate’s margins.
Shares of Nike rose greater than 6% after hours Tuesday.
This is how Nike did in its second fiscal quarter in contrast with what Wall Avenue was anticipating, based mostly on a survey of analysts by Refinitiv:
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