Nike'S Quarterly Results Exceeded Expectations.

Nike, the world's largest sportswear manufacturer, announced on the 19 day that its demand for the international market was strong, and that the company's profit in the second quarter of this fiscal year increased by 10%, more than that expected by Wall Street analysts.

Nike said that in the quarter ended November 30th, the company's profits amounted to $359 million 400 thousand ($325 million 600 thousand in the same period last year).

In the same period, Nike's quarterly sales grew by 14% to $4 billion 340 million.

Analysts at the former agency said Nike's sales could reach $4 billion 220 million this quarter.

Nike's domestic business has maintained a good growth in the face of the sluggish retail business in the US.

Analysts said that brand diversification and other factors helped Nike resist the adverse impact of the big environment.

In the quarter, Nike's sales in the United States increased by 7%, the Americas grew by 19%, the European growth rate was 18%, and the Asia Pacific region grew by 17%.

Global orders for sports shoes and clothing increased by 13% between December and April.