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Nike's quarterly sales rise 4.1%

Revenue soars on increased demand for its shoes and apparel in North America

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Reuters
Last Updated : Dec 23 2015 | 9:10 AM IST

Nike, the world's largest footwear maker, reported a 4.1% rise in quarterly revenue as demand rose for its shoes and apparel in North America.

The company said net income rose to $785 million, or 90 cents per share, in the second quarter ended Nov. 30, from $655 million, or 74 cents per share, a year earlier.

The company's revenue rose to $7.69 billion from $7.38 billion.

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First Published: Dec 23 2015 | 2:54 AM IST

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