real-time news and commentary for investors
Wednesday, Oct 9
Heard during Nike's 2013 Investor Meeting
- Nike (NKE +0.6%) CEO Mark Parker is setting some high goals for the company as he addresses shareholders at an investor meeting.
- The company expects to see annual revenue increase to $30B by the end of FY15 and $36B by FY17.
- Women's apparel and the Converse brand are tapped to see gains.
- Comments on a succession plan and how Nike plans to manage expectations in China should be next.
- Annual meeting webcast