Nike Inc beat analysts` estimates for first-quarter revenue on Tuesday, as new launches of footwear and apparel fuelled sales in North America.

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Revenue rose to $9.95 billion from $9.07 billion, beating estimates of $9.94 billion, according to Thomson Reuters I/B/E/S.

The company`s net income rose to $1.09 billion, or 67 cents per share, in the first quarter ended Aug. 31, from $950 million, or 57 cents per share, a year earlier.

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