U.S. Markets close in 2 hrs 12 mins

Nike tops Wall Street earnings estimates, but comes up short in North America

Matthew Kish
Nike tops Wall Street earnings estimates, but comes up short in North America

The sportswear giant reported $3.81 billion in quarterly sales in North America, below the $3.89 billion expected by analysts. Shares fell 3 percent within 10 minutes of the earnings announcement.