Nike's Strong Growth Brings Good News For Investors
Stock Gazer • Today, 6:30 PM
- Nike's quarterly revenues were $8 billion: a 15% increase. Net income was recorded at $962 million: a 23% increase. EPS were $1.09: a 27% increase. Gross margins increased to 46.6%.
- The company recorded good results in geographical regions independently as well.
- Nike has set a high guidance for the next quarter and the full year as well.
- Though the World Cup is over, the Olympics in 2016 could be another ground breaking opportunity for Nike to benefit from.