NEW YORK – Nike appears to have recovered from its pandemic slump, posting a solid quarterly profit driven by soaring online sales of its sneakers and workout apparel.The world's largest sports apparel maker on Tuesday reported a net profit of $1.5 billion profit, or 95 cents per share, in the three-month period ending Aug.
31, up 11% from the same 2019 quarter.That was well ahead of Wall Street analysts' expectations of 47 cents a share, according to FactSet.