athletic footwear

Nike's profit drops in 4th quarter on costs to cut jobs; adjuste...

Topix - Business News  Wed, 06/24/2009 - 23:56

Athletic footwear and apparel company Nike Inc. reported Wednesday that its profit dropped in its fiscal fourth quarter on costs to cut jobs, but adjusted results beat Wall Street expectations.


 

Nike 4Q profit declines on costs to cut jobs

Newsvine - business  Wed, 06/24/2009 - 14:35

Athletic footwear and apparel company Nike Inc. reported Wednesday that its profit dropped in its fiscal fourth quarter on costs to cut jobs, but adjusted results beat Wall Street expectations.