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Nike Investors Remain Concerned About Future Product Demand Despite Jump In Q1 Sales

Published in SportsBusiness Daily on 09 / 28 / 16

Nike yesterday reported an 8% jump in quarterly sales, but "slowing future demand for its sneakers and apparel fanned investors' concerns about the sportswear maker's growth prospects," according to Sara Germano of the WALL STREET JOURNAL. Nike's Q1 revenue was $9.06B as North American sales grew 6....

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