Shares of Nike Inc. fell more than 2% in the extended session Thursday after the retailer swung to a fiscal third-quarter profit and posted revenue that met Wall Street expectations. Nike said it earned $1.1 billion, or 68 cents a share, in the quarter, versus a loss of $921 million, or 57 cents a share, in the year-ago period. The company pinned the quarterly profit to "strong" revenue growth, gross margin expansion, a lower effective tax rate and a lower average share count, which were slightly offset by higher selling and administrative expenses. Revenue rose 7% to $9.6 billion, from $9 billion a year ago. Analysts polled by FactSet had expected earnings of 66 cents a share on sales of $9.6 billion. Shares ended the regular trading day up 1.5%.