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Nike Jogs Past Estimates

Stock quotes in this article: NKE  

Nike(NKE Quote) posted an 8% rise in third-quarter earnings, beating analysts' targets, as strong sales gains in overseas markets boosted results.

The Beaverton, Ore., sneaker giant earned $350.8 million, or $1.37 a share, for the quarter ended Feb. 28. Revenue totaled $3.93 billion.

Analysts polled by Thomson Financial expected earnings of $1.33 a share and revenue of $3.92 billion. ...

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