Clothing and sports giant Nike's sales decreased for the broken fiscal year's fourth quarter, reports American media.
The sales amounted to 12.6 billion dollars, compared to 12.8 billion dollars for the same period last year. It was below analysts' average forecast of 12.9 billion, according to Bloomberg's compilation.
The net profit was 1.5 billion dollars, an increase of 45 percent compared to the same period last year.
The stock was down about 6 percent in after-hours trading on Wall Street an hour after closing.
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