Nike’s Earnings Win Bodes Well For Sporting Goods
September 27, 2013 at 10:31 AM EDT
Is Nike’s (NKE) good fortune rubbing off on others? Perhaps. The athletic footwear and apparel giant knocked it out of the park in its earnings debut as a Dow component; with both its fiscal first-quarter revenue and earnings per share beating expectations. Granted, China remained a drag. But there was strong sales growth in North [...]