Incoming: this week in business
Results, launches and rulings to keep an eye on over the next five days.
Sportswear giant to publish results
Nike releases its figures for the second quarter. The sportswear giant’s first-quarter earnings beat analysts’ expectations, thanks in part to increased digital sales. It reported earnings per share of 86 cents and revenue of $10.66 billion, with shares rising by more than 5.5 per cent. Mark Parker, the chief executive, said online sales were up 42 per cent during the quarter. For the current fiscal year, analysts expect Nike ...