RAS AL KHAIMAH / WAM H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member …
Read More »Nike jumps after beating sales estimates across all regions
Bloomberg Nike Inc shares jumped in late trading after quarterly results beat analysts’ expectations, showing the world’s largest athletic-wear retailer is overcoming struggles with its supply chain and weakness in China. Global sales rose 5% to $10.9 billion for the third quarter, beating Wall Street’s estimates. Revenue outpaced expectations in all regions, including Greater China, where sales fell less …
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