USOC Extends Nike Deal Through '20 Patriots' Nike Shoe Goes On Sale Monday Iverson Protests Nike Tribute Shoe Nike Terminates Adrian Peterson's Contract LeBron James' New Nike Spot Was Shot In Secrecy Nike Forecasts Growth In Sale Of Women's Apparel Converse Suing Over Chuck Taylor Copycats Nike Sees 3D Printing As Innovative Tool Adidas Makes Waves With Shoe Hires Nike Golf President Cindy Davis Steps Down
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NIKE REPORTS EARNINGS RISE FOR 3RD QUARTER
Published March 17, 1995
Nike Inc.'s fiscal 3rdQ earnings jumped 51%, topping some estimates and reflecting "strong demand at most of its shoe and clothing businesses." Nike's net income for the period was $95.3M compared with $63.2M in the same period last year. Nike stock closed at $78, up $1.625. Nike Chair Philip Knight said Nike's revenue was more balanced than at "any point in its history" (WALL STREET JOURNAL, 3/17).