Nike's profits: Is the shine coming off the swoosh?

Concerns about the higher cost pressures Nike (NKE) is facing appears to be taking away some of the enthusiasm over the company's strong revenue forecast and global futures orders count.

In its latest quarter, the company only managed 4% EPS growth off of a 8% sales gain on margin pressures which didn't improve with scale.

NKE +0.2% premarket.

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