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Nike to launch pilot program with Amazon; results top estimates

FILE PHOTO: The logo of Nike (NKE) is seen in Los Angeles, California, United States, April 12, 2016.

Nike Inc (NKE.N), the world's largest footwear maker, said on Thursday it would launch a pilot program with Amazon.com Inc (AMZN.O) to sell a limited product assortment on its website.

Shares of the Dow component, which also reported quarterly profit and sales that topped estimates, were up 8.2 percent at $57.54 in trading after the bell.

Nike's comments confirmed an earlier report, which said the footwear maker was seeking to directly sell its products on Amazon, rather than through third-party and unlicensed dealers.

"We're looking for ways to improve the Nike consumer experience on Amazon by...


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