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Nike maintains growth streak in Chinese market

On June 27, Nike reported financial results for its fiscal 2024 fourth quarter and full year ended May 31, 2024. Nike’s revenue in Greater China reached $7.5 billion, an 8% YoY increase on a constant currency basis. In the fourth quarter, revenue was $1.9 billion, up 7% YoY, maintaining a seven-quarter streak of consecutive growth.

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