Shares of Nike (NYSE:
NKE) are trading higher in today's trading hours following the release of the company's Q4 earnings results yesterday. Currently, shares are higher by 10.06%, at $89.83.
NIKE, Inc. reported Q4 EPS of $1.24 on revenues of $5.77 billion; the Street was looking for $1.16 per share on revenues of $5.53 billion. Revenues increased by 13.6% year over year.
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