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Nike continues to have strong earnings power
03-31-2017, 01:33 PM
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Nike continues to have strong earnings power
Last year, nike air max 90 cheap online Nike reported a fiscal revenue of $32.4 billion, representing 6 percent growth from 2015, and as of May 2016 Forbes ranked the brand with the Swoosh as the 18th biggest on the planet.

Paul George‘s debut signature shoe with Nike Basketball has been quite the success for sneakerheads and hoops aficionados air max 90 kids The premium and limited quality of a number of Nike PG 1 colorways has set the model apart and when paired with the $110 price tag, it’s been super difficult to overlook this performance model even if you plan on wearing the PG 1 off the court.

nike air max 2011 womens Nike’s third-quarter results “reinforced our wide moat rating and our positive long-term outlook,” said R.J. Hottovy, equity analyst at Morningstar. He’s optimistic about the company’s prospects for two reasons: “Nike’s continued momentum outside North America, including double-digit currency-neutral growth in China, Western Europe and the emerging markets.” And Nike’s business model adjustments “are adapting to evolving personalization (of products and services) and technology ahead of its peers.”

Amobi believes Nike continues to have strong earnings power, and he forecasts it will earn $2.50 a share in fiscal 2017 (up from 2016’s normalized $2.16) and then $2.74 in fiscal 2018. He noted that it’s true Nike still trades at a steep premium to its peers, but he said that’s partly warranted by likely further market share gains, and “relatively attractive growth opportunities.”nike air max 2012 womens

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Nike continues to have strong earnings power - piojojlj - 03-31-2017 01:33 PM

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