Nike, Inc. (NYSE:NKE) has announced the results for the second quarter of 2010. The company reported revenues of $4.4 billion. Revenues are down 4% from the same period during the previous year. The diluted EPS was also reported to be down 5% from the prior year of $0.76. The full financial report may be seen on the company’s investors website at www.nikebiz.com/investors.
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The company held a conference call to discuss the financial results. The conference is available for replay on the company’s investors website. The webcast will be archived on the site until December 24.
NIKE, Inc. (NIKE) is engaged in the design, development and worldwide marketing of footwear, apparel, equipment, and accessory products. NIKE sells athletic footwear and athletic apparel. It sells its products to retail accounts, through NIKE-owned retail, including stores and Internet sales, and through a mix of independent distributors and licensees, in over 170 countries around the world. Running, training, basketball, soccer, sport-inspired casual shoes, and Kid’s shoes are its footwear categories. It also markets shoes designed for aquatic activities, baseball, cheerleading, football, golf, lacrosse, outdoor activities, skateboarding, tennis, volleyball, walking, wrestling, and other athletic and recreational uses. It sells a line of performance equipment under the NIKE brand name, including bags, socks, sport balls, eyewear, timepieces, electronic devices, bats, gloves, protective equipment, golf clubs, and other equipment designed for sports activities.
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