Nike Inc. gave a tepid outlook for sales growth even as it posted a jump in quarterly profit, as the company faces stiffer competition and a changing retail landscape. The world’s largest sportswear maker said it expects to tighten the supply of products it releases in North America, the largest sporting-goods market. Sales in its home market rose 3% in the quarter ended Feb. 28. Nike’s world-wide futures orders, largely a...

Source: Wall Street Journal March 21, 2017 21:33 UTC