Nike reports 20% jump in futures orders
Better-than-expected figure boosted by strong demand in North America and China
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NIKE Inc, the world's largest footwear maker, reported futures orders that breezed past analysts' estimates, powered by strong demand in North America and China.
The company's shares, already the top-performing year-to-date Dow component, rose 2.5 per cent to US$135.23 in extended trading on Tuesday, despite lower-than-expected second-quarter revenue.
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