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In Q2, Nike reported an increase in revenues of 7% with an 11% increase in its global business. In North America, revenues grew by 17%. economy. Nike also saw continued growth in the emerging markets Brazil, Mexico, and Argentina. In fact, those markets grew 18%, which accounts for the 13th consecutive quarter of double digit growth.

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Source: Nike: Perfect Fit For The Marathon Investor

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. (More.)