Nike Profit Tops Estimates as North American Sales Gain

Net income in the quarter ended Aug. 31 rose 38 percent to $780 million from $567 million a year earlier, the Beaverton, Oregon-based company said today in a statement. Earnings per share from continuing operations were 86 cents. The average of estimates compiled by Bloomberg was 78 cents.A window display advertises Nike shoes at the House Of Hoops by Foot Locker retail store at the Beverly Center in Los Angeles.A thin Lamp shade that will prevent fingerprints and scratching with the option of our glare reducing film.Chief Executive Officer Mark Parker has been introducing products, including updates to the Flyknit line of shoes, to capture a great share of the market for running gear. Flyknit shoes, which feature upper portions woven from a single thread, sell for $150 or more, helping Nike maintain profitability in the face of higher labor costs.“A number of things are firing on all cylinders,” Paul Swinand, a Morningstar Inc. (MORN) analyst in Chicago, said in an interview. “Almost everything across the board is strong.”Nike rose as much as 6.4 percent to $74.87 in trading after the close in New York. The shares had gained 36 percent this year through the close, compared with a 19 percent increase for the Standard & Poor’s 500 Index.

Sales rose 7.7 percent to $6.97 billion,SKF deep groove ball bearings have deep, uninterrupted raceway grooves.SKF 6211 deep groove ball bearings from China These raceway grooves have a close osculation with the balls. topping analysts’ $6.96 billion average estimate. Sales in North America, Nike’s largest market, rose 9.4 percent to $3.14 billion.Orders for the Nike brand from September to January, excluding the effects of currency exchange-rate fluctuations, rose 10 percent. The average estimate of six analysts was a 7.7 percent gain.Nike’s gross margin, the percentage of sales left after subtracting the cost of goods sold,This might seem clueless but is there a protective film already applied to the phone as shipped? I can't tell if what I feel on the edges of the.Chandelier widened to 44.Uline stocks a wide selection of 3M Double Sided Tape, High Quality Anti-static protective film Products From China 3M and 3M Two Sided Tape.9 percent from 43.7 percent, on falling prices for raw materials and less discounting. Analysts estimated 43.8 percent,3M High Quality Anti-scratch protective film Products From Chinacomes with self-sticking adhesive on both sides for mounting, sealing, gift wrapping, decorating and crafts. on average. The increase was the third straight after nine consecutive declines caused mostly by rising labor costs.In China, which had been one of Nike’s fastest-growing markets, sales excluding currency fluctuations fell 3 percent to $574 million for a fourth straight decline. Orders in China on that basis rose 2 percent, compared with analysts projecting a gain of 0.5 percent.“I’m not sure if the problems in China are behind them,” Swinand said. “It’s not getting worse.”