Nike Inc (NYSE: NKE) said on Thursday its earnings beat Wall Street estimates in the fiscal first quarter. Shares of the company, however, fell about 5.0% in after-hours trading as investors focused on revenue that came in lower-than-expected. Analyst Sam Poser on sales miss Williams Trading’s Sam Poser attributes the sales miss to supply chain […]
Full ArticleNike shares are trading lower after-hours: here’s why
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