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(AHN) Nike 1Q Profits Up 9 Percent

Posted on September 24, 2010 by

Nike posted a 9 percent increase in its earnings for the first quarter, surpassing profit estimates and reporting 10 percent more orders worldwide than a year ago. The Oregon-based company said net income rose to $559 million or $1.14 per share from $559 million or $1.04 a share a year ago. – (AHN)

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