Revenue: $8.68 billion vs. an $8.63 billion estimate
Nike's net income rose to $1 billion, or 60 cents per share, in the fiscal fourth quarter, from $846 million, or 49 cents a share, one year ago.
On a call with analysts and investors, Nike's management team confirmed a new pilot with Amazon, where the retailer will directly sell a limited product assortment on Amazon's U.S. e-commerce platform. The offerings will include athletic footwear, apparel and accessories.
Edit: spacing and formatting
Submitted June 29, 2017 at 11:00PM by ChocolateTsar http://ift.tt/2upHNiU
