Nike on Tuesday reported Q2 revenue was up 17%, hitting $13.3 billion, according to a company press release. Net income was flat at $1.3 billion.
The retailer’s direct channel made up $5.4 billion of its sales and grew 16% year over year. Wholesale revenue was also up significantly, increasing by 19% in the quarter.
All of Nike’s geographic regions saw double-digit growth in the quarter except for Greater China, which fell by 3%. North America was a standout with 30% growth.
Source: Retail Dive
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