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Nike Just Dunked in the Face of All the Bears

Nike Inc. (NKE) just scored a slam dunk.

After Thursday's market close, the athletic footwear and apparel company reported fourth-quarter earnings of 60 cents a share on revenue of $8.7 billion, beating Wall Street's estimates for earnings of 50 cents a share on revenue of $8.6 billion.

For the full fiscal year, Nike reported earnings of $2.51 a share on revenue of $34.4 billion, compared to the earnings of $2.41 a share on revenue of $34.3 billion analysts...


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