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

Dec. 20, 2012 5:52 PM ETNIKE, Inc. (NKE) StockNKEBy: David Yelle, SA News Editor
More on Nike (NYSE: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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