Nike ended Friday

Nike ended Friday as the top performer on the Dow after soaring 10.21 or 8.89% to 125.00. On Thursday, the Beaverton, Oregon apparel company posted earnings of billion and adjusted earnings per share of 1.34 for the first quarter of fiscal year 2016, significantly above analysts’ forecasts of billion and 1.19 respectively. In terms of revenues, Nike sales increased in North America by more than 8% on a currency neutral basis and 30% in China.

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