Nike Inc. said strong consumer demand in the U.S. and China helped the company sell more products at full price and through its own apps and websites in the holiday quarter, but it cautioned that sales growth would slow in the current quarter. The sneaker and sportswear giant reported that revenue rose 7% in the third quarter ended Feb. 28, or 11% excluding currency swings. The company had a 7% gain in North America and a 19% jump in the Greater China market. Both markets, however, generated slower growth than they did in...

Source: Wall Street Journal March 21, 2019 22:29 UTC