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Excluding restructuring costs in the fourth quarter,Adidas F50 AdiZero FG
, Nike's net income increased by 7%.As of May 31 in the quarter, Nike earnings growth of 8% to 5.1 billion. After excluding exchange rate fluctuations, an increase of only 4%.This result is barely short of Wall Street air max 2009 forecasts, and investors have become accustomed to prior to the performance of the Nike Super analysts expected.
Analysts polled by Thomson Reuters expected,Adidas F50 Adizero Prime
, Nike, 5.15 billion fourth-quarter earnings, about $ 1.06 per share,Nike bullish performance of the company management, however, emphasized that the primary market and product gross margin and earnings were a record. Nike said it has strengthened inventory control, asset liability balance of good performance, more than 50 million in cash and short-term investments.