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Nike's North American Growth Stalls In Q4, With Future Order Figures Deemed "Disappointing"

Published in SportsBusiness Daily on 06 / 29 / 16

Nike's Q4 results ended its "long streak of strong growth" in North America, as the company's profits fell 2% and sales were flat, according to financial reports cited by Germano & Stynes of the WALL STREET JOURNAL. Driven by "gains overseas," overall revenue rose 6% for the quarter that ended M...

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