Share, that was 4 cents better than estimates. Revenues came in at nearly 7. 5 billion for the quarter, just shy of expectations but about 4 higher than last year. Shares rose in initial after hours trading adding to nikes 37 gain so far this year. Sarah eisen digs deeper into nikes results. Reporter nike is firing on all cylinders. Few highlights from the quarter, China Remains a bright spot for this company. Nike posting 24 sales growth in the region and a very strong outlook when it comes to future orders. This despite a slowdown in the chinese economy. Nike continuing to see double digit gains there. In fact, Ceo Mark Parker told me a few months ago, he doesnt see any sign of the economic weakness reported in the numbers. But like any global company, nike is feeling the pain of the stronger u. S. Dollar which continued to strengthen over the quarter. Total sales growth for nike this quarter was 4 . That would have been 12 though without the impact of the stronger u. S. Dollar which
Ever today and it closed above that milestone too. Sprinting from 17,000 to 18,000 in just 119 trading days. Now, thats fast but not the fastest move, not by a long shot. Back in 1999, the dow jumped a thousand points in 24 trading days. Why the big spike today . You can thank the bold, burly u. S. Economy. We learned today it grew at a 5 annual pace in the year recorded. Thats the fastest quarterly growth rate in 11 years. Consumers are feeling good. One measure of sentiment clocked in today at 8 year high and growth of personal spending doubled in november from october. With that encouraging news about the u. S. Economy, heres a look at the final tally on wall street today. The dow off its high at the session but still jumping 64 points for that new record high of 18,024. Nasdaq though, down by 16 on a pullback in biotech stocks and the s p 500 added three, settling at its own record close of 2082. Thats the 51st all time closing high this year. Stocks have been notching new record h
Because success takes partnership and only through discipline and trust can we create something greater than ourselves. Mufg we build relationships that build the world. And now, bbc world news america. This is bbc world news america. Protests erupt in the u. S. Over the grand jury decision in the death of a black man in new york. Too Many Americans feel unfairness when it comes to the gap between our professed ideals and how laws are applied on a daytoday basis. Economy, a following president clinton delivers his state of the union and blames the west for trying to raise a new iron cordon president putin. Artistamous chinese latest production. Welcome to our viewers on Public Television in america and also around the globe. President obama says many unfairness,el deep ater a new york jury cleared Police Officer in the choking death of an unarmed black man. Modernday struggles of black equality, converging on new yorks famous landmarks in fury and frustration. The finalthe, echoing wor
The University of Utah Ski and Snow Sports Archives held the 31st Annual Ski Affair on Wednesday, Oct. 25 to celebrate the 2022-2023 ski season’s historic snowfall and honor the ski culture within Utah and the Wasatch Mountains. The event was hosted by the J. Willard Marriott Library at Eccles Alumni House. About 320.