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Nike Should Really Send A Thank You Card To Adidas

2014-10-03 12:11:54| Footwear - Topix.net

Nike's first quarter FY 2015 earnings showed revenues, net income, and gross margins up significantly, sending the stock up over 10% to new all-time highs. Some of Nike's recent performance is due to Adidas under-performing in recent quarters as it loses its market share position to Under Armour and continues to struggle in European markets.

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