NIKE NKE Message Board - Msg: 30919901

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Non-Tech : NIKE NKE

NKE 62.67

-3.0%

Nov 3 3:59 PM EST

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From: GwenJohn	1/6/2017 1:51:39 AM
	of 66

On Tuesday, Nike stock surged as much as five percent in extended trading before settling down to a more modest gain of 1.87% after the company reported earnings. And that’s after a 1.85% climb in the regular trading session. In the second quarter of Nike’s fiscal 2017, ended November 30, the company generated $8.18 billion in revenue, up six percent year-over-year and beating analysts’ estimate of $8.09 billion. Adjusted earnings came in at $0.50 per share, up 11% year-over-year and smashing Wall Street’s expectation of $0.43 per share.

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