(Reuters) – Nike Inc beat Wall Street estimates for quarterly revenue on Tuesday, helped by persistent demand for its athletic apparel and sneakers in North America and Europe.
The world’s largest sportswear maker said revenue rose to $13.32 billion for the second quarter from $11.36 billion a year earlier. Analysts had expected $12.57 billion, according to IBES data from Refinitiv.
(Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Anil D’Silva)
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