Summary Box: Nike Inc. fiscal 1st-quarter results

AP News
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Posted: Sep 22, 2011 5:44 PM
Summary Box: Nike Inc. fiscal 1st-quarter results

EARNINGS: Nike Inc.'s net income rose 15 percent to $645 million, or $1.36 per share from $559 million, or $1.17 per share, in the same quarter last year.

REVENUE: Revenue for the world's largest athletic shoe and clothing company rose 18 percent to $6.08 billion.

EXPECTATIONS: The quarter beat analysts' expectations of $1.21 per share on revenue of $5.75 billion, according to data from FactSet.