Nike Inc.: The Beaverton, Ore., athletic shoe...
Nike Inc.: The Beaverton, Ore., athletic shoe and apparel maker said fourth-quarter net income slipped 12% to $58.6 million, while revenue increased 18% to $718.9 million. For the full year, net income rose 18% to $287 million, while revenue surged 34% to $3.004 billion. Figures for the full year were records. The firm attributed the year’s growth to higher international and domestic sales.
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