Nike Gains On Global Reach

With 60% of its sales coming from outside the U.S., the footwear and apparel giant stands to benefit from further weakness in the dollar

With investors getting nervous as the U.S. dollar plumbs new lows against the euro, Nike Inc.'s (NKE) earnings release after the market close on Sept. 20 demonstrated the currency-translation benefits that come from having wide geographic reach.

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