Trademagazin > News and articles > Company and Personal News > Nike increased its profits by fifteen percent
Nike increased its profits by fifteen percent
Despite the poor performance of the world economy Nike reached better than expected results.
The world's largest sporting goods manufacturer reported a 15 percent profit growth in the June-August period.
The Nike reached 645 million USD after-tax profits after the previos year's 559 million USD. Revenue increased by 18 percent to 6.08 billion USD – reports Világgazdaság Online, after Reuters.
Related news
More related news >
Related news
Conscious eating – smart choices matter, not strict rules
Consumers still do not feel that the pressure of high…
Read more >Children’s future is at stake now – you can vote in 198 Tesco stores
In 198 Tesco stores across the country, customers can vote…
Read more >