KQED Nightly Business Report March 20, 2015
Shoes. The Company Earned 89 cents a share, a nickel better than expectations. Revenues were hit by the stronger dollar and came in below wall street estimates at nearly 7. 5 billion but that was an increase from a year ago. Shares initially moved higher after the report. Sara eisen has more on whats working for nike and whats no reporter the takeaway for nike when youre a Global Consumer giant, it helps to have a strong and growing brand to help counter the negative impact of the stronger u. S. Dollar and thats exactly what nike thought. Overall, numbers were solid from apparel to footwear bu...