Nike Inc. stock exceeded an all-time high of more than $90 a share in after-hours trading Tuesday after the company reported another strong quarter.

Oregon’s largest home-grown company earned of $1.37 billion, a 25 percent jump from the like period a year ago. Revenue hit $10.66 billion in the quarter. Nike per-share earnings were 86 cents. Both numbers were well beyond analysts’ consensus predictions.

“Our strong start to FY20 highlighted the depth and balance of NIKE’s complete offense,” said Mark Parker, Nike chairman, president and CEO. “NIKE’s strong product innovation, combined with our industry-leading digital experiences, continue to deepen our consumer relationships around the world.”

Nike’s booming business comes in the middle of a trade war with China and as federal prosecutors continue to look into improper payments in grassroots basketball. Neither seem to be having any impact on Nike’s success.

Nike contractors manufacture much of its product in China. Sales there grew 27 percent in the first quarter. Nike has enjoyed more than five years of double-digit sales growth there.

Parker said he’s particularly excited about technological innovations the company is developing just in time for next summer’s Olympic Games in Tokyo. The Summer games have traditionally been a key marketing opportunity for Nike.

“This is the time when we bring our best work forward,” Parker said. “I’ve been here a long time. And I think we have in the pipeline some of the most incredible breakthroughs in performance products… I think the opportunities ahead are as bright as I’ve ever seen them.”