Wednesday, June 25, 2008

Nike gets more money

Nike got a whole lot of money last quarter, even more than they got in the same quarter last year. $490.5 million, up from nearly $438 million, a 12% increase. That was even more than Wall Street expected, according to CNN. Now they have tons and tons and tons of money, rather than just tons and tons. For more info, see the article at http://money.cnn.com/2008/06/25/news/companies/nike_earnings.ap/index.htm?postversion=2008062517.