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| Version 1 | Version 2 |
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| Nike reports 24% rise in profit | Nike reports 24% rise in profit |
| (about 2 hours later) | |
| The US sportswear maker Nike reported a 24% increase in profit from selling more high end shoes and clothes. | |
| The company said net income rose to $865m (£550m) in the three months to the end of May, an increase from $698m a year earlier. | The company said net income rose to $865m (£550m) in the three months to the end of May, an increase from $698m a year earlier. |
| That was better than analyst expectations. | That was better than analyst expectations. |
| Nike saw growing demand from its basketball shoes, particularly in the US, as well as running shoes, including brands such as Lunar and Free. | Nike saw growing demand from its basketball shoes, particularly in the US, as well as running shoes, including brands such as Lunar and Free. |
| Its Converse brand also saw rising sales. | Its Converse brand also saw rising sales. |
| The company's largest market, North America, saw sales rise by 13% in the quarter. | The company's largest market, North America, saw sales rise by 13% in the quarter. |
| This helped offset the effect of the stronger dollar which dampened earnings elsewhere. | This helped offset the effect of the stronger dollar which dampened earnings elsewhere. |
| President and chief executive Mark Parker described the past year overall as "outstanding". | |
| The company's shares were up 2.3% at $107.63 in after-hours trading on Wall Street. | The company's shares were up 2.3% at $107.63 in after-hours trading on Wall Street. |
| On the conference call to discuss the earnings, Mr Parker pointed to its women and youth ranges as areas for growth. | |
| Women were keener to buy their sportswear online, with female products outstripping men's at Nike.com. | Women were keener to buy their sportswear online, with female products outstripping men's at Nike.com. |