An 11 percent pickup in future orders couldn’t keep shares of Nike Inc. from stumbling in after-hours trading Thursday after the sporting goods giant reported third-quarter sales and profits that fell short of analysts’ consensus estimates.
In the three months ended Feb. 28, the Beaverton, Ore.-based firm reported net income of $523 million, or $1.08 a diluted share, up 5.2 percent from the $497 million, or $1.01, reported in the third quarter for fiscal 2010. Revenues rose 7.3 percent to $5.08 billion from $4.73 billion in last year’s quarter.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)