Nike sprints to quarterly growth
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Nike, the US sports footwear and clothing firm, unveils a 26% rise in first quarter income, thanks to the Olympics raising its profile.
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U.S. stock index futures rose on  Friday after Nike  and Oracle  reported  higher-than-expected financial results, but trading was likely  to be volatile as equity derivative contracts expired.
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Nike Inc. , the world&#039;s top  athletic shoe maker, on Tuesday reported a 5 percent drop in  quarterly net profit due to a one-time charge and said heavy  World Cup marketing spending would weigh on results in the  current quarter.
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Nike Inc., the world&#39;s largest shoemaker, on Thursday said its profit grew 46 percent in the second quarter as its sales gained traction in the US, Chinese, Russian and Turkish markets.
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Athletic shoemaker says earnings jump on strong demand for its athletic shoes and Converse sneakers. NEW YORK  - Nike Inc.
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Adidas, the world's second-biggest sport goods maker, said its 2006 sales grew 52 percent, boosted by the soccer World Cup in Germany and the purchase of Reebok in the United States.
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Nike Inc. (NKE.N: Quote, Profile, Research) on Thursday said its second-quarter earnings rose on strong demand for its namesake athletic shoes and Converse sneakers.
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Nike Inc.'s  fourth-quarter profit rose nearly a third on surprisingly strong U.S. and foreign demand for its shoes and apparel, beating Wall Street estimates and sending its shares up 4 percent.
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Second-quarter profit was largely fueled by international sales growth, the athletic gear company said.
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NEW YORK (CBS.MW) -- Nike Inc. said late Thursday that strong domestic sales, coupled with increased demand from developing markets and a stronger euro, propelled robust second-quarter profit gains.
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Nike beat expectations yesterday with a 46 per cent jump in second quarter profit, boosted by strong demand in the US and emerging markets and the weak US dollar.
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Sprint Nextel Corp.  posted a higher quarterly profit on Wednesday and gave a positive outlook for subscriber growth in the second quarter, sending shares up 3 percent.
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Nike, the US sports footwear and clothing firm, enjoys its best-ever second-quarter trading and predicts a strong start to 2005.
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Company has revised its financial forecasts for the current quarter.
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Nike Inc.'s  fourth-quarter profit rose nearly a third on surprisingly strong U.S. and foreign demand for its shoes and apparel, beating Wall Street estimates and sending its shares up more than 5 percent.
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The company delivered the kind of growth that was expected for its second quarter.
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Nike Inc. , the world's largest athletic shoe company, on Monday reported higher quarterly profit on strong demand for its namesake products in the United States.