Univ. Of Minnesota Eyes Better Apparel Deal Nike, Adidas Embrace 3D Printing Tiger Woods Close To Signing New Deal With Nike U.K. Olympian Rutherford Loses Nike Sponsorship Nike Discontinuing Livestrong-Branded Products LeBron James Leads NBA In Shoe Sales Man City, Nike Reach $109M Kit Deal Wiggins Talked To KU About Shoe Affiliation Agassi Back With Nike After Eight Years Adidas' Boston Tribute T-Shirt Selling Fast
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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).