Nike gains after sales, margins top expectations despite inflation headwinds | Seeking Alpha

Nike gains after sales, margins top expectations despite inflation headwinds | Seeking Alpha

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Nike (NYSE:NKE) rallied in postmarket trading on Tuesday after sliding past consensus marks with its FQ2 earnings report. A drop in revenue in Greater China (-3%) was more than offset by gains in Asia Pacific & Latin America (+19%), North America (+30%) and Europe, Middle East, & Africa (+11%).…

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