Nike’s revenue misses estimates as rivals gain ground

Mar 21, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

(Reuters) – Nike Inc reported lower-than-expected quarterly revenue on Tuesday as the world’s largest footwear maker battles for market share in North America with a resurgent Adidas AG and a fast-growing Under Armour Inc.