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 BEAVERTON, Ore. (AP) - Nike Inc. on Tuesday reported third-quarter profit rose 19.2 percent as the world's top athletic shoe maker realized strong sales in its core U.S. market.
The company — which owns the Converse, Cole Haan, and Bauer Nike Hockey brands — reported a profit of $325.8 million, or $1.24 per share, up from $273.4 million, or $1.01 per share, in the year-ago period.
Sales increased to $3.61 billion from $3.3 billion last year. Revenues in the Americas region increased 41 percent to $203.1 million, an improvement from $143.7 million in the year-ago period.
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