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Nike Shares Hit All-Time High On Promise Of $50 Billion Revenues By 2020

2015-10-16 08:49:05| Footwear - Topix.net

Nike shares raced to a new high on Thursday as the sportswear king promised to hit revenues of $50 billion by 2020. If Nike can deliver on its promise, the company's guidance for $50 billion in revenue would reflect a 63% increase over the last fiscal year.

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