THE NEWS: Nike said Thursday that its fourth-quarter net income fell 8 percent as a variety of costs offset revenue growth across the company.

THE CONTEXT: The results missed analysts’ expectations, and shares of Nike Inc. fell 10 percent after hours. The miss comes as a growing number of companies warn that slowing results in Europe and China are dampening their earnings. Product costs, marketing expenses and a restructuring charge offset a revenue increase of 12 percent that was aided by price increases.