Monexnews-Nike released the earnings report that exceeded expectations on Thursday and said the level of orders for apparel and footwear increased. The manufacturer's stock up more than this outfit 7% after the closing, following the release of earnings. Earnings outside goods rose to 73 cents a shares from 60 cents per shares a year ago. Revenue increased to 6.19 billion dollars from 5.85 billion dollars a year ago. Wall Street forecast earnings of 67 cents per Nike shares at 6.23 billion dollars worth of revenue. The level of orders for Nike brand shoes and clothes for delivery from March to July 2013 rose by 6% compared to last year.(xiang)
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Title Post: Nike's stock Leapt 7% After Earnings Report
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Rating: 100% based on 99998 ratings. 5 user reviews.
Author: Unknown
Thank you for your coming
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