Nike earnings beat estimates, futures orders up 8%, shares rise

|About: Nike Inc. (NKE)|By:, SA News Editor

New Dow component Nike (NKE) rallies 6% AH as the company beats on the bottom line for FQ1.

Global futures orders (a leading indicator for top line growth) rise 8%, in line with last quarter's print and above FQ1 2012's 6% gain.

Revenue growth comes in at 8%.

EPS grows 37%, outpacing revenue growth as gross margins expand by 120 bps. (PR)