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Nike Rises 2.4% After Beating EPS Estimates

2015-06-26 00:02:58| Footwear - Topix.net

The shares rose 2.45% to $107.80 after the closing bell following the unveiling of better-than-expected fiscal fourth-quarter financial results that topped estimates as new products helped strong sales in North America. Net income rose to $865 million, or 98 cents a share, from $698 million, or 78 cents, a year earlier, the Beaverton, Oregon-based company said Thursday in a statement.

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