Nike’s third quarter revenues rose 15 per cent to $5.8 billion on the back of strong demand for the brand’s products.
Net income for the quarter, which ended February 29, rose to $560 million.
Says Mark Parker, president and CEO of NIKE: “We had a strong third quarter.
“Our relentless focus on innovation delivered powerful new products and services for athletes and consumers, and continues to drive value to our shareholders.
“The environment remains volatile, but I’m optimistic about the future.
“We’re starting a great season of major sports events and we have a pipeline full of innovation to fuel growth over the long term.”
