Footwear Product

Nike’s Q3 Earnings Top Estimates On Digital Momentum

Nike’s Q3 Earnings Top Estimates On Digital Momentum

Nike Inc. reported quarterly earnings that slightly topped analysts’ expectations and sales that were in-line. The 7-percent revenue growth was driven by broad-based strength across all geographies as well as Nike Direct, led by digital. By region, the gains were led by Greater China, up 23 percent; followed by EMEA, 9 percent; and North America, 7 percent. (Read More)

Under Armour Sees Record Schools In March Madness

Under Armour Sees Record Schools In March Madness

While Nike still dominates March Madness sponsorships. Under Armour saw a record 17 of its schools head to the NCAA men's basketball tournament, up from only 10 the prior year. While Nike still dominates March Madness sponsorships. Nike sponsored 40 of the 68 schools and Adidas, 11. (Read More)

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