Nike beats on earnings, just misses on sales (NKE)

Nike on Tuesday reported quarterly profits that topped the most bullish forecast on Wall Street and sales that slightly missed expectations.
The company posted adjusted earnings per share of $0.68 on revenues of $8.4 billion. Analysts had expected Nike to report adjusted EPS of $0.53 and revenues of $8.47 billion, according to Bloomberg.
Last quarter, Nike decided to stop publishing futures orders — an important measure of demand from retailers — saying it would mention them du