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Nike returns to growth in North America, tops estimates

Friday, June 29, 2018 - 01:11

Nike beat fourth-quarter profit and revenue estimates as new launches and a focus on direct-to-customer sales helped reverse declining sales in North America for the first time in a year. As Kate King reports, the upbeat news comes amid tough competition from a resurgent Adidas and Puma and bankruptcies of others in the sector in the key North American market.

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Nike beat fourth-quarter profit and revenue estimates as new launches and a focus on direct-to-customer sales helped reverse declining sales in North America for the first time in a year. As Kate King reports, the upbeat news comes amid tough competition from a resurgent Adidas and Puma and bankruptcies of others in the sector in the key North American market.

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Nike returns to growth in North America, tops estimates

Friday, June 29, 2018 - 01:11