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shares soar Enterprise Bangor Daily News BDN Maine
PORTLAND, Ore. Nike Inc. fourthquarter net profit rose 14 percent to beat anticipations as the company product sales improved around the globe.
The globe largest athletic shoe company reported Monday it earned $594 million, as well as $1.24 per reveal,Parajumpers Jakker, for the quarter. That up from the $522 million, or $1.06 for every share,parajumpers stavanger, it attained in the same quarter last year.
The results handily beat the $1.Of sixteen per share on revenue of $5.53 that analysts questioned by FactSet were anticipating. The news sent explains to you of the company,www.olasvallarta.com/2013/10/parajumpers-zomerjas/, based in Beaverton, Ore., soaring in afterhours exchanging.
Nike had warned investors that higher charges would cut into its profit margins. The company, similar to many of its colleagues, is dealing with greater costs for components, labor and shipment.
The company was able to compensate for the rising costs along with higher sales volume. Earnings improved in every market except Japan during the quarter.
delivered exceptional results in extraordinary occasions,hamnensvandrarhem, Mark Parker, Nike CEO mentioned.
For the full year, Nike attained $2.13 billion, as well as $4.39 per reveal,www.jehudasaar.com/category/parajumpers-jakke-norge/, compared with $1.9 thousand, or $3.86 every share, for the previous year.
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