Nike Earnings: Company Delivers Another Strong Quarter Despite Currency Headwinds

Nike posted a solid earnings on December 22nd, reporting healthy increases in revenues across all geographies and most product categories. Apart from recording good numbers across the board, the company has also seen heavy increases in its orders, spurred mainly by businesses in China and Europe. Business in North America continues to remain strong and ever expanding. Despite the solid performance, however, Nike continues to face currency headwinds as the dollar remains strong. Another highlight...