Replies to post #1605 on Nike Inc (NKE)

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Nike (NKE) beats revenue estimates on strong demand for sneakers
By: Investing.com | March 21, 2023

(Reuters) - Nike Inc (NYSE:NKE) beat analysts' estimates for third-quarter revenue on Tuesday, helped by strong demand for its sneakers such as Jordan Retro.

The company's revenue rose to $12.39 billion in the third quarter from $10.87 billion a year earlier. Analysts had expected $11.47 billion, according to IBES data from Refinitiv.

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