Nike, Inc. reports Fiscal 2016 2nd quarter results

NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2016 second quarter, ended November 30, 2015. Strong consumer demand drove revenue growth across the NIKE Brand portfolio. Diluted earnings per share grew faster than revenue, up 22 percent, primarily due to gross margin expansion, a lower effective tax rate and a lower average share count, which more than offset higher SG&A investments in NIKE, Inc. brands and business capabilities.


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