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Nike in Q4 hike amid North America sales gain

2018-06-29 13:32:00| Daily apparel & textile news and comment - from just-style.com

Shares in Nike Inc were up by 9.34% in pre-market trading as the US sporting goods giant reported double-digit increases in both earnings and revenue during the fourth quarter and booked a return to growth in North America, but full-year profits were knocked by the impact of the Tax Cuts and Jobs Act.

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