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Nike Profit Upon Higher Demand for Apparel, Shoes

2015-03-19 23:40:09| Footwear - Topix.net

Nike Inc , the world's largest sportswear maker, reported a 16 percent jump in quarterly profit due to higher demand for its apparel and basketball and running shoes. Nike said on Thursday its net income rose to $791 million, or 89 cents per share, in the third quarter ended Feb. 28, from $682 million, or 75 cents per share, a year earlier.

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