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This Fast-Growing Brand Is Nike Inc.'s Secret Weapon

2015-04-06 23:11:26| Footwear - Topix.net

Even though Nike's 7% revenue growth missed expectations thanks to foreign currency headwinds, shares of the footwear and athletic apparel behemoth climbed more than 4% to a new all-time high that day. Excluding the effects of foreign exchange, however, Nike's revenue would have climbed 13%, including 11% growth in NIke brand revenue to $6.9 billion.

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