Nike says its online sales came in 82% higher in the fiscal first quarter

Nike Inc. (NYSE: NKE) published its earnings report for the fiscal first quarter on Tuesday, after the bell, that highlighted a massive 82% annualised growth in digital sales. The company said that online sales made up roughly 30% of its total sales in Q1. Nike also expressed confidence that sales in fiscal 2021 will come in close to 10% higher on a year over year basis.   Shares of the company were reported trading about 12% up in after-hours trading on Tuesday. Including the price action, Nike is now trading at £103.70 per share that represents an over 100% increase