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Nike Earnings Sprint Past Expectations, Reports $6.97 Billion in Revenues

TheStreet Staff
3/20/14 6:16 PM EDT
Nike has been the best performer in the Dow over the past year. They announced earnings Thursday that beat analyst estimates. The street was looking for 72 cents a share on $6.68 billion in revenues. Instead Nike was able to deliver 76 cents a share with $6.97 billion in revenues. Nike plans on continuing the strong showing in the coming year. Expectations include increased orders worldwide of clothing and shoes for delivery in the next five months.
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