Nike’s sales grew first time in four quarters, Bloomberg reports. It indicates that new products of the company have success among American customers. Operation results exceeded company’s estimates in regards to sales in the region. Shares gained 5,9% after announcement.

For more than a year Beaverton company based in Oregon has been promising investors that slowing growth and revenue decline at the largest market is temporary. Partly, Nike accused its US retail partners that were closing stores among general decline on the market.

Although 3% growth is still lower than closest rival Adidas shows, Nike demonstrates accelerated growth in international market, where it gets more than a half of its revenue. It helped to raise investor’s confidence and company’s shares grew by 34% during last 12 months.

Sales in China grew by 35% in three months ending in May. Revenue in Asian-Pacific region and Latin America increased by 12%.

Nike got a big advantage from tax reform that was approved last year. Its corporate tax was reduced by half to 6,4%.