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More on Nike (NKE): FQ2 beats on both top and bottom line as sales continue to grow at the...

More on Nike (NKE): FQ2 beats on both top and bottom line as sales continue to grow at the retail giant. Net profit shrank 18% Y/Y however, weighed down by $137M in losses tied to the sale of its Umbro and Cole Haan brands. Regionally, growth was strongest in North America, which offset weakness in China and Western Europe. Shares +2.7% AH.
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